Fixed Assets - EBS (MOSC)

MOSC Banner

Short Fiscal Year Setup in Fixed Asset

edited Dec 29, 2015 9:09AM in Fixed Assets - EBS (MOSC) 7 commentsAnswered

Hi,

We have a short fiscal year e.g. - Our Fiscal year start from July to June.

However in 2014 it is split like -

Jul-2014 to Mar-2015

April-2015 to Jun-2015

Onwards it will be

Jul-2015 to Jun-2016

Now how to define the fiscal calendar and depreciation calendar to calculate the correct depreciation for April-2015 to Jun-2015.

I have defined the Fiscal Year as per above said calendar months. However when I am defining the depreciation calendar the system is not allowing to define the Mar-2015 period's last period as 31-Mar-2015, it is by default taking as 28-Mar-2015. What is the reason system only taking 28-Mar-2015 and how to overcome on it.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center