Page 1 of 1

Oracle Fixed Assets for Declining Balance Method

Posted: Tue Apr 27, 2010 4:47 am
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

Posted: Tue Apr 27, 2010 6:15 pm
by myso
could you give a brief description for Declining balance method?