Printable Version Monica Lesniak Wed 25/04/2007 13:08:03

I am a US-based user of Oracle Assets and am managing a project to implement an Oracle tax book for our Mexican sites (7 distinct locations).  The sites already use the Oracle Assets Corporate book for US GAAP depreciation and an Oracle Assets Statutory book for audit purposes (allowing revaluation of their asset, reserve, and depreciation expense accounts on a monthly basis).  I have received input from the ledgers and our company's Mexican country controller of the process used to determine the yearly tax paid for their fixed assets.  I am now trying to decide the best way to incorporate as many of the calculations as possible into my tax book setups.  Does anyone out there currently have a Mexican tax book set up within Oracle Assets, and, if so, can you share any of your setup information with me as I begin the design phase of my project?