Fixed Assets - EBS (MOSC)

MOSC Banner

We are performing an add to Assets (adding cost to existing assets) in oracle FA, how can we setup F

edited Sep 24, 2020 1:28PM in Fixed Assets - EBS (MOSC) 6 commentsAnswered

Hi Everyone,

Thank you for coming here.

Oracle assets add to assets issue

We are performing an add to Assets (adding cost to existing assets) in oracle FA, how can we setup FA to calculate the depreciation evenly for the remaining months of the life under STL method? Currently the system computes the entire depreciation in the add to asset month. Means: (NBV + Cost adjustment) / remaining life.

Illustration:

  • - Assets = 2000
  • - DPIS = 01-Jan-2020
  • - Depreciation Method = STL
  • - Life = 12 month

Per month depreciation = 2000/12 = 167 aprox

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

167

167

167

167

167

167

167

167

167

167

167

167

  • - Asset cost added = 500
  • - Date cost added = 01-Mar-2020
  • - Asset’s adjusted cost =
Tagged:

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