Oracle Fixed Assets, how to depreciate an Asset on WDV

Dear all

Need your support.

How can I depreciate an asset based on WDV where depreciation should be calculated on asset WDV / remaining service life?

Any support will be appreciated. Example is as follows

Asset Value: 1000

Accumulated depreciation: 200

Asset WDV: 1000-200= 800

Asset Serviceable life= 8 years

1st year Depreciation needs to be calculated on 800/8= 100 (Asset WDV / Serviceable life in years).

2nd year Depreciation needs to be calculated on 700/7= 100 (i.e. Asset WDV / Serviceable life in years, here Asset value needs to be calculated as 800 - Depreciation 100 of 1st year = 700 / 7 (asset serviceable life).

Please advice.

Thanks and regards

Ahsan