Fixed Assets - EBS (MOSC)

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Bonus Depreciation recognized in first month asset is placed in service

edited Sep 23, 2018 5:01AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

How to configure Oracle Cloud so that Bonus Depreciation is applied in the first month an asset is placed in service?  It appears that Oracle Cloud always prorates Bonus Depreciation across all months in the first year an asset is placed in service.  So while the result at the end of the year is the same, customer cannot use this for forecasting and has to recalculate in excel outside of the system.

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