Fixed Asset Depreciation 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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myso
Posts: 45
Joined: Sat Oct 11, 2008 8:27 am
Location: Egypt

Fixed Asset Depreciation Method

Post by myso »

Hi ALL
how to set up a depreciation method that work as follow (10% of the NBV each year)
zee.erp
Posts: 8
Joined: Tue Apr 27, 2010 4:39 am
Location: Pakistan

Post by zee.erp »

Is it according to declining balance method?
myso
Posts: 45
Joined: Sat Oct 11, 2008 8:27 am
Location: Egypt

Post by myso »

could you be more accurate plz
aganguly
Posts: 60
Joined: Fri May 18, 2007 9:41 am
Location: India

Post by aganguly »

You can go for WDV method of Depreciation.
shaikjohnpasha
Posts: 74
Joined: Tue Jul 10, 2007 10:02 am
Location: India

Post by shaikjohnpasha »

Hi,
1.Select Method Type as 'Flat
2.Calculation Basis 'NBV'
3.Depreciable Basis Rule'Period End Balance'
4.Click on Rate and enter the rate.

Regards,
John Pasha Shaik
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