Asset Lifecycle Management - PSFT (MOSC)

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Is Oracle going to provide a fix or suggestions of how to effect changes for the 2017 Tax Law change

edited Feb 5, 2018 4:04AM in Asset Lifecycle Management - PSFT (MOSC) 4 commentsAnswered

We have been able to update the profiles using the delivered process but cannot update assets that were already added since 9/26/17.  Is Oracle going to deliver a methodology for updating assets with in service dates 09/27/17 - 12/31/17 that were already added with 50% bonus depreciation to get those assets up to 100% bonus depreciation.  The Bonus Depreciation Recalc process does not work for assets that already have taken bonus depreciation.

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