Depreciation calculation using DPIS
Hello Team,
We have following asks from our business users and wondering if any of you had experience on working on it in past.
1. Depreciation calculation should be 50% for first year of asset then 30% for second year and for third year 20%.
Currently we can configure it using table depreciation method but Oracle always calculates depreciation based on fiscal calendar, we need the depreciation calculation from Date Placed in Service (DPIS).
Please let me know if you need additional information.
Thanks
Ammu