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Oracle 11i - Fix Assets Short Tax Year Depreciation [message #493091] Fri, 04 February 2011 14:48
Messages: 5
Registered: November 2008
Junior Member
Problem Description: Company follows Fiscal Year
Mar - Feb. Company needs to switch Fiscal year to Feb - Jan.

For FY2011 Calendar is defined as Mar 2010 Feb 2011 (12 Months)
For FY2012 Calendar needs to be defined as Mar 2011 Jan 2012 ( 11 Months)
For FY2013 Calendar needs to be defined as Feb 2012 Jan 2013 (12 Months)

For defining FY2012 for 11 Months, We need Oracle 11i Fixed Assets, Depreciation needs to be calculated for 11 Months.

How deprecaition and Tax can be calculated from 12 Months Period to 11 Months and then switch back to 12 Months.

How this can be achived. How the Fiscal Year and Tax Calendar and Prorate Calendar need to be defined.

[Updated on: Fri, 04 February 2011 14:53]

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