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How to get Daily Depreciation in Oracle Fixed Assets and posted to GL on daily basis

edited Mar 25, 2016 5:04AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

Dear All

Version:R12.13

We are implementing  Payables, Fixed Assets and GL for a Banking company. There is a Statutory requirement for Banks to close books on a daily basis

As per client requirement, the daily depreciation to be calculated in FA and posted to GL, So that daily TB can be generated.

Is there any solution to achieve this requirement using oracle FA and GL module.?


Options ruled out is


1) Daily GL calendar.



Please suggest the best solution or if there is an enhancement please provide the note id.



Thanks.


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