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can any one explain about the prorate calendar in oracle assets.thanks

Prorate Calendar will decide ur company depreciation policy.

For eg: Your company is purchasing an asset at any date of a month, but it is going to calculate depreciation from end date of the month only.

In this case ur prorate will be like this.

From 01-jan-09 to 31-jan-09 -- prorate date is 31-jan-09.

Means if u are purchasing an asset at any date of jan month ur system starts calculating depreciation from 31-jan-09 Onwards.

Like this u can define ur prorate calendar.


-- Surya

thanks surya.do you have any training documents on fixed assets.if possible can you send it to my mail id mathew.roshan6v6[@]gmail.com