Fixed Assets - EBS (MOSC)

MOSC Banner

How Is Depreciation Calculated For STL Method With Life Less Than One Year, Daily Prorate Calendar A

edited Jun 8, 2016 5:02AM in Fixed Assets - EBS (MOSC) 4 commentsAnswered

Hi,

Asset information:

COST : 61

Salvage value : 0

DATE IN SERVICE : 10-APR-2016

Prorate Date : 10-APR-2016

Prorate Convention : IN DAYS  (366 days in 2016)

Method: STL

Life Years : 2 Months

Book information:

Depreciation Calendar : Month

Prorate Calendar : Days(365 days in 2016)

Divide depreciation: evenly

Depreciation amount in APR-16: 21.73

--

Question : How to get amount 21.73?

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

EBS Fixed Assets Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center