How Is Depreciation Calculated For STL Method With Life Less Than One Year , Daily Prorate Calendar And By Days Depreciation Allocation [ID 578762.1]

		Modified 25-MAY-2010 Type HOWTO Status PUBLISHED

In this Document
Goal
Solution

Applies to:

Oracle Assets - Version: 11.5.10.0 and later [Release: 11.5 and later ]
Information in this document applies to any platform.
Checked for Relevance on 25-May-2010

Goal

This note describes how Oracle Assets calculates the depreciation of an asset with following setup:

The setup of the depreciation book is as follows:

- Monthly depreciation calendar
- Daily prorate calendar
- Depreciation Allocation : By Days

The Asset is added with Date placed in service (DPIS) in current period : 10-JUL-2008
Prorate convention : Daily then Prorate Date = 10-JUL-2008
Cost : 1000
Depreciation Method : STL
Life = 2 Months

Solution

First we must calculate, the annual depreciation rate : 2/12

Prorate date = 10-JUL-2008 then we have 22 days in July
Depreciation amount for July will be :
(cost - salvage value) / life years / 365 days * 22 days
= 1000 / (2/12) /365 * 22 = 361.64

ITPub博客

Daily Prorate Calendar And By Days Depreciation Allocation

Applies to:

Goal

Solution

最新文章