7/27/2016

DocumentDisplay

HowtosetuptheDailyDepreciation(DocID1606419.1)
InthisDocument
Goal
Solution
References

APPLIESTO:
OracleAssetsVersion11.5.10.2andlater
OracleFusionAssetsCloudService
Informationinthisdocumentappliestoanyplatform.
Validon11i,R12.0,R12.1,andabove

GOAL
ThisexplainshowtosetuptheDailyDepreciationinoneexample.

SOLUTION
Setupcalendarandconventionaccordingly,plusset"DivideDepreciation"to"ByDays"inAssetBookControlsasfollows:
FiscalYears
AssetCalendarforMonthlyDepreciationCalendar
AssetCalendarforDailyDepreciationCalendar
ProrateConventionforDailyConvention
"DivideDepreciation"setto"ByDays"inAssetBook

1.FiscalYears
(N)Setup>AssetSystem>FiscalYears
FromDateToDateFiscalYear

01JAN201231DEC20122012
01JAN201331DEC20132013
01JAN201431DEC20142014
......

2.AssetCalendarforMonthlyDepreciationCalendar
(N)Setup>AssetSystem>Calendars

FiscalYearName:*FiscalYearswithStep1
PeriodsPerYear:12

NameFromDateToDate

JAN201201JAN201231JAN2012
FEB201201FEB201229FEB2012
MAR201201MAR201231MAR2012
APR201201APR201231APR2012
......
https://support.oracle.com/epmos/faces/SearchDocDisplay?_adf.ctrlstate=87uqbdos5_9#FIX

1/3

7/27/2016

DocumentDisplay

3.AssetCalendarforDailyDepreciationCalendar
(N)Setup>AssetSystem>Calendars

FiscalYearName:*FiscalYearswithStep1
PeriodsPerYear:365

NameFromDateToDate

01JAN201201JAN201201JAN2012
02JAN201202JAN201202JAN2012
03JAN201203JAN201203JAN2012
04JAN201204JAN201204JAN2012
05JAN201205JAN201205JAN2012
......
NOTE:InLeapYear,youhavetoadjustthedaybecausethesystemdoesnotallow366daysinyear.
Example:
NameFromDateToDate

25FEB201225FEB201225FEB2012
26FEB201226FEB201226FEB2012
27FEB201227FEB201227FEB2012
28_29FEB201228FEB201229FEB2012*Adjustmenttomeetyourneeds

4.ProrateConventionforDailyConvention
(N)Setup>AssetSystem>ProrateConventions

FiscalYearName:*FiscalYearswithStep1

FromDateToDateProrateDate

01JAN201201JAN201201JAN2012
02JAN201202JAN201202JAN2012
03JAN201203JAN201203JAN2012
04JAN201204JAN201204JAN2012
05JAN201205JAN201205JAN2012
......

5.CreateNewAssetBookwiththeabovecalendar
(N)Setup>AssetSystem>BookControls
DepeciationCalendar:*MonthlyDepreciationcalendarwithStep2
FiscalYearName:*FiscalYearswithStep1
ProrateCalendar:*DailyDepreciationCalendarwithStep3
DivideDepreciation:ByDays

6.CreateNewAssetwithProrateConventionwithStep4
(N)Assets>AssetWorkbench
https://support.oracle.com/epmos/faces/SearchDocDisplay?_adf.ctrlstate=87uqbdos5_9#FIX

2/3

7/27/2016

DocumentDisplay

REFERENCES
NOTE:253980.1Depreciation:DivideEvenlybyDaysSampleCalculation
Didn'tfindwhatyouarelookingfor?

https://support.oracle.com/epmos/faces/SearchDocDisplay?_adf.ctrlstate=87uqbdos5_9#FIX

3/3