Fixed Assets - EBS (MOSC)

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How to do setup for MARCS HY & Alternative Minimum Tax HY in Oracle Fixed Assets R12 ?

edited Sep 28, 2018 10:55AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

Hi All,

Could anyone please share the setup and calculation for MARCS HY & Alternative Minimum Tax HY in Fixed Asset R12.

1. How to setup the MARCS HY & Alternative Minimum Tax HY in FA R12?

2. How to calculate the asset with these methods?

Example:

Depreciation calendar  - Monthly

Cost of the Asset         - 2000

Current open period    - 09-Sep-18

Date in service            - 14-Jul-18

Prorate date                - 01-Jun-18

Life in months             - 60

Thanks and Regards,

Jeba

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