Oracle Fixed Assets for Declining Balance Method

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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zee.erp
Posts: 8
Joined: Tue Apr 27, 2010 4:39 am
Location: Pakistan

Oracle Fixed Assets for Declining Balance Method

Post by zee.erp »

Hi,

I am facing a big issue in Asset Depreciation, we using 2 different method at a time, like Furniture and Fixtures are depreciated acceding to straight line and vehicles are depreciated according to declining method. how I may make a calculation of Depreciation according to Declining balance method. Plz note that the salvage value of asset is Zero.


Plz feel free to ask my Q.

Thank you
myso
Posts: 45
Joined: Sat Oct 11, 2008 8:27 am
Location: Egypt

Post by myso »

could you give a brief description for Declining balance method?
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