Depreciation methods specify how to spread the asset cost. Oracle Assets includes many standard depreciation methods, and you can define additional methods in the Methods window, if necessary.
Life-Based Depreciation Method | Oracle Assets includes standard life-based depreciation methods and rates. However, you can define additional life-based methods. |
Flat-Rate Depreciation Method | You can define additional flat-rate methods, such as Diminishing Value. You can define your methods to calculate depreciation using either the net book value or the cost of the asset. |
Bonus Depreciation Rules | Use the Bonus Depreciation Rules window to enter bonus rates for your flat-rate depreciation methods. Bonus rules allow you to take additional depreciation in the early years of an asset's life. |
Units Of Production | You can define a units of production method so you can calculate depreciation for an asset based on actual production or use for the period. |
See: Defining Additional Depreciation Methods and Defining Bonus Depreciation Rules.
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