In Oracle ERP, Asset costing below Rs 5000 should be depreciated in that Financial Year irrespective of the date of addition.. i.e. 100% depreciation to be charged in that Year for the Asset. Requirement is it should depreciate in that Fin Year. E.g If asset is added in Feb- it should fully depreciate in Feb and march. If added in Oct - it should fully depreciate from Oct to March of that Financial Year Prorate Convention is daily. Please anyone let me how the depreciation method to be defined for this?