Fixed Assets - EBS (MOSC)

MOSC Banner

How does Table based method perform depreciation calculation ?

edited Apr 24, 2017 10:44AM in Fixed Assets - EBS (MOSC) 7 commentsAnswered ✓

Hi All,

We have a customization requirement in FA. But before that, we need to know how table based depreciation method actually calculates. I will be very happy if anyone can help with formula for this. Please find below, example values...

Corporate book

**********************

Cost = 3115.51

Method = STL

Life = 3 years (36 months)

As per this we understand that monthly depreciation amount populating = Cost / Life = 3115.51 / 36 = 86.54

We are good with this. However, unable to understand the calculation for Tax book

Tax Book (we have 2 tax books)

***********************************************

Cost = 3115.51

Method = MACRS 50B HY

Life  = 5 years (60 months)

Depreciation amount for first month is shown as = 155.78 (How ??... - we are stuck here)

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