Asset Lifecycle Management - PSFT (MOSC)

MOSC Banner

How to stop asset depreciation

edited Sep 15, 2020 6:09PM in Asset Lifecycle Management - PSFT (MOSC) 13 commentsAnswered

Hello,

We are on PSOFT 9.2. We have few assets which have been put on Suspended Status but they are still depreciating which is causing negative depreciation to be generated. On the other hand, there are some assets with Suspend Status that have stopped depreciating. What factors are responsible for depreciation process to be stopped. We have 1 BU and 1 Book- CORP.

At the Installation options, this box is not checked-

Stop Depr when NBV < Salvage

            

                    In service date     Begin Depr Date       Convention   Depreciable Status       Method         Calculation Type        Useful life          Suspend Date

Asset 1-      9/22/2009               10/01/2009                  FM                       Non-Depr                  SL                 Remaining Value          300                     11/16/2012

Asset 2-      1/31/2012               02/01/2012                  FM                       Non-Depr                 SL                  Remaining Value          240                     4/27/2016

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