Fixed Assets - EBS (MOSC)

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How to define time based depreciation methods in oracle fixed assets r12

edited Jun 17, 2016 5:02AM in Fixed Assets - EBS (MOSC) 7 commentsAnswered

Hi,

I have a requirement to make time based depreciation methods with below example.

Need some advise.

     

Depreciation Calendar is Yearly and Prorate calendar is Yearly
Cost of asset     10,000.00
Depreciation method = duration of concession
Date of placed on service4/19/2016 '----> day from 19/4/2016 until 31/12/2016 = 257
End of concession9/30/2023 '----> day from 19/4/2016 until 30/09/2023 = 2.721
Depreciation of FY 2016         944.51 10.000 / 2.721 x 257
Journal date12/31/2016
Yearly depreciation staring from 2017 till 2022      1,341.42 10.000 / 2.721 x 365
Depreciation of FY 2023      1,003.31 10.000 / 2.721 x 273
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