Reg: Fixed Asset Depreciation Calculation?

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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bharanir
Posts: 14
Joined: Wed Nov 21, 2007 3:04 am
Location: India

Reg: Fixed Asset Depreciation Calculation?

Post by bharanir »

Dear All,

IF the Depreciation method is Straight-Line, or WDV

My Client wants that, at the time of depreciation calculation, instead of system calculating automatically, we have to do manually.

Please let me know, whether it is possible.

If not, any possibility of doing any customization based on depreciation calculation.

Please let me know your valid input on this...


Regards
Bharani.
raviteja.manchu
Posts: 53
Joined: Wed Feb 21, 2007 3:38 am
Location: India

Post by raviteja.manchu »

hi,

As per my knowledge,there is no such functionality.But if you want u can use the functionality "unplanned depreciation and u can overide the amount depreciated."Hope this will help u out.

Regards,
Ravi Manchu
manishkapoor1104
Posts: 1
Joined: Mon Oct 29, 2007 12:56 pm
Location: United Arab Emirates

Post by manishkapoor1104 »

Hi,

In my opinion, either you have to go for customization or you have look in to asset categories adn COA...
1) The depreciation on that asset should be zero (as per calculation)
2) you can post MJE to GL

the only control, operations have to take care is "finantial information" will not available in FA.

If there are few assets or few categories of asset that paln B should work.

Thanks,
Manish Kapoor
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