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Contents
List of Figures
Title and Copyright Information
Preface
Audience
JD Edwards EnterpriseOne Products
JD Edwards EnterpriseOne Application Fundamentals
Documentation Accessibility
Related Documents
Conventions
1
Introduction to JD Edwards EnterpriseOne Fixed Assets
1.1
JD Edwards EnterpriseOne Fixed Assets Overview
1.2
JD Edwards EnterpriseOne Fixed Assets Business Processes
1.3
JD Edwards EnterpriseOne Fixed Assets Integrations
1.3.1
JD Edwards EnterpriseOne Address Book
1.3.2
JD Edwards EnterpriseOne General Accounting
1.3.3
JD Edwards EnterpriseOne Procurement
1.3.4
JD Edwards EnterpriseOne Accounts Payable
1.3.5
JD Edwards EnterpriseOne Service Management
1.3.6
JD Edwards EnterpriseOne Equipment Plant Maintenance
1.3.7
Interoperability
1.4
JD Edwards EnterpriseOne Fixed Assets Implementation
1.4.1
Global Implementation Steps
1.4.2
Core Implementation Steps
1.5
Business Interface Integration Objects
2
Understanding Fixed Assets
2.1
Fixed Assets
2.1.1
Multiple Depreciation Books and Methods
2.1.2
User-Defined Depreciation
2.1.3
Automated Asset Setup
2.1.4
Asset Location
2.1.5
Insurance and Financing Information
2.1.6
Asset Transfers, Splits, and Disposals
2.2
Fixed Assets Process
2.3
Fixed Assets Primary Tables
2.4
Fixed Assets Secondary Tables
3
Setting Up the Fixed Assets System
3.1
Understanding System Setup
3.1.1
Setup Tasks
3.1.2
User-Defined Codes
3.1.3
User-Defined Depreciation
3.1.3.1
Asset Life
3.1.3.2
Balance Adjustments
3.1.3.3
Modified Start Date
3.1.3.4
Calculations
3.1.3.5
Disposals
3.1.3.6
Technical Considerations
3.1.4
Automatic Accounting Instructions
3.1.4.1
FX Range
3.1.4.2
FA Range
3.1.4.3
FC Range
3.1.4.4
FD Range
3.1.4.5
AT AAIs
3.1.4.6
AAIs for User-Defined Depreciation
3.1.5
Next Numbers
3.1.6
Supplemental Data
3.2
Common Fields Used in This Chapter
3.3
Setting Up Fixed Asset Constants
3.3.1
Understanding Fixed Asset Constants
3.3.2
Forms Used to Set Up Fixed Asset Constants
3.3.3
Setting Up Constants
3.4
Setting Up Depreciation Rules
3.4.1
Understanding Depreciation Rules
3.4.1.1
Rule Header Information
3.4.1.2
Rule Conventions
3.4.1.3
Life Year Rules
3.4.1.4
Compute Direction
3.4.1.5
Disposal Life Year Rules
3.4.1.6
Depreciation Formulas
3.4.1.7
Depreciation Spread Patterns
3.4.1.8
Date Pattern Override
3.4.1.9
Short Years in Fixed Assets
3.4.1.10
Technical Considerations for New Date Patterns
3.4.2
Prerequisite
3.4.3
Forms Used to Set Up Depreciation Rules
3.4.4
Adding Depreciation Methods
3.4.5
Adding Rules
3.4.6
Specifying Rule Conventions
3.4.7
Setting Up Life Year Rules
3.4.7.1
Declining Balance Method Example
3.4.7.2
Depreciation Rule 12 - MACRS Depreciation
3.4.7.3
Depreciation Rule 01 - Straight Line Depreciation
3.4.8
Setting Processing Options for Depreciation Rule Revisions (P12851)
3.4.8.1
Edits
3.4.8.2
Defaults
3.4.9
Setting Up Depreciation Formulas
3.4.10
Setting Processing Options for Depreciation Formulas (P12853)
3.4.10.1
Edits
3.4.11
Setting Up Depreciation Spread Patterns
3.4.12
Setting Up Date Pattern Overrides
3.4.13
Setting Up Short Years in Fixed Assets
3.5
Setting Up Asset Acquisition Years
3.5.1
Understanding Asset Acquisition Years
3.5.2
Forms Used to Set Up Asset Acquisition Years
3.5.3
Setting Up Asset Acquisition Years
3.6
Setting Up Depreciation Default Values
3.6.1
Understanding Depreciation Default Values
3.6.2
Forms Used to Set Up Depreciation Default Values
3.6.3
Setting Up Depreciation Default Values
3.6.4
Copying Depreciation Default Values
3.7
Mapping Category Codes
3.7.1
Understanding Category Code Mapping
3.7.2
Form Used to Map Category Codes
3.7.3
Mapping Category Codes
3.8
Setting Up Ledger Type Rules for Fixed Assets
3.8.1
Understanding Ledger Type Rules
3.8.2
Forms Used to Set Up Ledger Type Rules for Fixed Assets
3.8.3
Setting Up Ledger Type Rules
3.9
Setting Up Disposal Account Rules
3.9.1
Understanding Disposal Account Rules
3.9.2
Form Used to Set Up Disposal Account Rules
3.9.3
Setting Up Disposal Account Rules
3.10
Setting Up Beginning Balances
3.10.1
Understanding Beginning Balances
3.10.2
Prerequisites
3.10.3
Forms Used to Set Up Beginning Balances
3.10.4
Setting Up Beginning Balances
3.11
Setting Up Revaluation Indexes
3.11.1
Understanding Revaluation Indexes
3.11.2
Forms Used to Set Up Revaluation Indexes
3.11.3
Setting Up Revaluation Indexes
3.12
Setting Up Units of Production Schedules
3.12.1
Understanding Units of Production Schedules
3.12.2
Forms Used to Set Up Units of Production Schedules
3.12.3
Setting Up Units of Production Schedules
4
Creating Asset Identification Information
4.1
Understanding the Asset Master Record
4.1.1
Supplemental Information
4.1.2
Message Logs
4.2
Understanding Category Codes
4.3
Understanding Identification Numbers
4.4
Understanding Parent and Component Relationships
4.5
Mobile Applications for Location Transfer (Release 9.1 Update)
4.6
Common Fields Used in This Chapter
4.7
Creating an Asset Master Record
4.7.1
Understanding Asset Master Record Creation
4.7.2
Understanding Basic Asset Information
4.7.2.1
Assigning Category Codes to Assets
4.7.2.2
Asset Master Records Deletion
4.7.3
Prerequisite
4.7.4
Form Used to Create an Asset Master Record
4.7.5
Entering Basic Asset Information
4.7.5.1
Asset Information
4.7.5.2
Location
4.7.5.3
Category Codes
4.7.5.4
Additional Info
4.7.6
Setting Processing Options for Asset Master Information (P1201)
4.7.6.1
Edits
4.7.6.2
Defaults
4.7.6.3
Exports
4.8
Locating Information
4.8.1
Understanding Locating Information
4.8.2
Setting Processing Options for Asset Search (P1204)
4.8.2.1
Categories
4.8.2.2
Defaults
4.8.2.3
Versions
4.9
Verifying Depreciation Information
4.9.1
Understanding Depreciation Information
4.9.2
Form Used to Verify Depreciation Information
4.9.3
Verifying Depreciation Information
4.10
Entering Additional Asset Information
4.10.1
Understanding Additional Asset Information
4.10.1.1
Insurance Information
4.10.1.2
Financing Information
4.10.1.3
Permit and License Information
4.10.2
Understanding Message Logs
4.10.2.1
Entering an Equipment Message
4.10.2.2
Reviewing Equipment Messages
4.10.3
Understanding Accessing Equipment Information
4.10.4
Understanding Supplemental Information for Fixed Assets
4.10.5
Prerequisite
4.10.6
Forms Used to Enter Additional Asset Information
4.10.7
Entering Insurance Information
4.10.8
Entering Financing Information
4.10.9
Entering Insurance Information
4.10.10
Entering an Asset Message
4.10.11
Reviewing Asset Messages
4.10.12
Setting Processing Options for Equipment Message Log (P1205)
4.10.12.1
Defaults
4.10.12.2
Versions
4.11
Working with Parent and Component Information
4.11.1
Understanding Parent and Component Information
4.11.2
Forms Used to Work with Parent and Component Information
4.11.3
Reviewing Equipment Components
4.11.4
Setting Processing Options for Parent History Inquiry (P12212)
4.11.5
Reviewing Parent and Component Information
4.11.6
Revising Parent Information for a Component
4.11.7
Changing the Sequence of Components
4.11.8
Setting Processing Options for Equipment/Component Relations (P12011)
4.11.8.1
Defaults
4.11.8.2
Versions
4.12
Working with Equipment Locations
4.12.1
Understanding Equipment Locations
4.12.2
Understanding Asset Location Tracking
4.12.3
Prerequisite
4.12.4
Forms Used to Work with Equipment Locations
4.12.5
Transferring the Location of an Asset
4.12.6
Transferring Multiple Assets to a Location
4.12.7
Setting Processing Options for Location Transfer (P12115)
4.12.7.1
Display
4.12.7.2
Process
4.12.7.3
Defaults
4.12.7.4
Versions
4.13
Revising Location Information
4.13.1
Understanding Location Information Revisions
4.13.2
Forms Used to Revise Location Information
4.13.3
Revising Location Information
4.13.3.1
Location Information
4.13.3.2
Transfer Information
4.13.3.3
Billing Information
4.13.4
Setting Processing Options for Work With Locations (P12215)
4.13.4.1
Update
4.13.4.2
Versions
5
Processing GL to Fixed Assets
5.1
Understanding Fixed Asset Processing
5.2
Understanding GL Journal Entries
5.2.1
Unposted Journal Entry Revisions
5.2.2
Unposted Journal Entry Splitting
5.3
Prerequisite
5.4
Common Field Used in This Chapter
5.5
Revising Unposted Journal Entries
5.5.1
Forms Used to Revise Unposted Journal Entries
5.5.2
Working With Unposted Journal Entries
5.5.3
Revising Unposted Journal Entries
5.5.4
Splitting Unposted Journal Entries
5.5.5
Setting Processing Options for Revise Unposted Entries (P12102)
5.5.5.1
Process
5.5.5.2
Ledger Types
5.5.5.3
Versions
5.6
Posting a Batch of Journal Entries
5.7
Posting Transactions
5.7.1
Understanding Transaction Posting
5.7.2
Posting Journal Entries to Fixed Assets
5.7.3
Setting Processing Options for Post G/L Entries to Assets (R12800)
5.7.3.1
Print
5.7.3.2
Ledger Types
5.7.3.3
Process
5.7.4
Verifying the Post Process
5.8
Correcting Balances
5.8.1
Understanding Balance Corrections
5.8.2
Forms Used to Correct Balances
5.8.3
Correcting General Ledger Balances
5.8.4
Correcting Fixed Asset Balances
5.8.5
Correcting Depreciation Entries
5.9
Reviewing Asset and Maintenance Costs
5.9.1
Understanding Asset and Maintenance Costs
5.9.2
Forms Used to Review Asset and Maintenance Costs
5.9.3
Reviewing Asset and Maintenance Costs
5.9.3.1
Display
5.9.3.2
Additional Selections
5.9.4
Setting Processing Options for Cost Summary (P122101)
5.9.4.1
Defaults
5.9.4.2
Process
5.9.4.3
Versions
6
Using Asset Depreciation
6.1
Understanding Asset Depreciation
6.2
Understanding Asset Depreciation Methods
6.2.1
Elements of Asset Depreciation
6.2.2
Depreciation Concepts
6.2.3
Depreciation Rule Components
6.2.3.1
Header
6.2.3.2
Rule Conventions
6.2.3.3
Annual Rules
6.2.4
Depreciation Calculation - Process Flow
6.3
Entering Units of Production
6.3.1
Understanding Units of Production
6.3.2
Prerequisite
6.3.3
Forms Used to Enter Units of Production
6.3.4
Entering Units of Production
6.4
Calculating Asset Depreciation
6.4.1
Understanding Asset Depreciation
6.4.2
Prerequisite
6.4.3
Running the Compute Depreciation Program
6.4.4
Generating the Depreciation Journal Report
6.4.5
Setting Processing Options for User Defined Depreciation (R12855)
6.4.5.1
Process
6.4.5.2
Print
6.4.5.3
Versions
6.5
Reviewing and Approving the Depreciation Journal
6.5.1
Reviewing and Approving the Depreciation Journal
6.6
Posting Depreciation to the General Ledger
6.6.1
Posting Depreciation to the General Ledger
6.6.2
Prerequisites
6.7
Reviewing Depreciation Information Online
6.7.1
Understanding Online Depreciation Information
6.7.2
Form Used to Review Depreciation Information Online
6.7.3
Reviewing Depreciation Information Online
6.8
Creating Depreciation Projections
6.8.1
Understanding Depreciation Projections
6.8.2
Technical Considerations
6.8.3
Running the Depreciation Projections Program
6.8.3.1
Data Selection
6.8.4
Setting Processing Options for Depreciation Projections (R12865)
6.8.4.1
Process
6.8.4.2
Versions
6.8.5
Purging Depreciation Projections
6.8.6
Setting Processing Options for Purge Depreciation Projections (R12859)
6.8.6.1
Process
7
Managing Fixed Asset Journal Entries
7.1
Understanding Fixed Asset Journal Entries
7.2
Splitting Fixed Assets
7.2.1
Understanding Asset Splits
7.2.1.1
Entering Asset Split Information
7.2.2
Forms Used to Split Fixed Assets
7.2.3
Entering Asset Split Information
7.2.4
Posting Journal Entries for Asset Splits
7.3
Transferring Fixed Assets
7.3.1
Understanding Asset Transfers
7.3.2
Transferring Fixed Assets
7.3.3
Setting Processing Options for Asset Transfer (R12108)
7.3.3.1
Process
7.3.3.2
Versions
7.3.3.3
Print
7.4
Disposing of Single Assets
7.4.1
Understanding Asset Disposal
7.4.1.1
Fixed Asset Disposals
7.4.1.2
Simple Disposal
7.4.1.3
Disposal with Cash Proceeds
7.4.1.4
Disposal with Trade-In
7.4.1.5
Disposal with Trade-In and Cash Proceeds
7.4.1.6
Singe Asset Disposals
7.4.2
Prerequisites
7.4.3
Forms Used to Dispose of Single Assets
7.4.4
Performing Single Asset Disposals
7.4.5
Reviewing and Revising Disposal Entries
7.4.6
Posting Void Disposal Entries
7.5
Performing Mass Asset Disposals
7.5.1
Understanding Mass Asset Disposals
7.5.2
Entering Mass Disposal Information
7.5.3
Setting Processing Options for Mass Asset Disposals (R12104)
7.5.3.1
Process
7.5.3.2
Print
7.5.3.3
Versions
7.5.4
Posting Journal Entries for Mass Disposals
8
Revaluating Assets
8.1
Understanding Revaluation
8.1.1
Revaluation Fundamentals
8.1.1.1
Constant Currency Accounting
8.1.1.2
Current Cost Accounting
8.1.2
Revaluation Indexes
8.1.3
Revaluation Calculation Methods
8.1.3.1
Revaluation Year Balances
8.1.3.2
Inception-to-Date
8.1.4
Revaluation by Index or Factor
8.1.4.1
Index Revaluation
8.1.4.2
Factor Revaluation
8.2
Revaluating Assets
8.2.1
Prerequisite
8.2.2
Understanding Asset Revaluation
8.2.3
Running the Revaluation Journal (R12845)
8.2.4
Setting Processing Options for the Revaluation Journal (R12845)
8.2.4.1
Process
8.2.4.2
Print
8.2.4.3
Versions
8.3
Working with Revaluation Journal Entries
8.3.1
Reviewing Journal Information
9
Running Year-End Processes
9.1
Understanding Year-End Processes
9.2
Closing Annual Account Balances
9.2.1
Understanding Closing Annual Account Balances
9.2.2
Prerequisites
9.2.3
Closing Annual Account Balances
9.2.4
Setting Processing Options for Asset Account Balance Close (R12825)
9.2.4.1
Process
9.3
Closing Units of Production
9.3.1
Understanding Closing Units of Production
9.3.2
Prerequisites
9.3.3
Closing Units of Production
10
Performing Fixed Asset Global Updates
10.1
Updating Asset Information
10.1.1
Prerequisites
10.1.2
Updating Depreciation Values
10.1.3
Setting Processing Options for Update of Depreciation Values (R12822)
10.1.3.1
Default
10.1.3.2
Update
10.1.4
Updating the Location Code of an Asset
10.1.5
Setting Processing Options for Update Location Code (R12810)
10.1.5.1
Process
10.1.6
Updating the Balance Character Code
10.1.7
Updating the Message Log
10.2
Updating Global Depreciation Rules
10.2.1
Understanding Updating Global Depreciation Rules
10.2.1.1
JD Edwards World Conversion to User Defined Depreciation
10.2.1.2
Technical Considerations
10.2.2
Updating Global Depreciation Rules
10.2.3
Setting Processing Options for Global Depreciation Rules Update (R12858)
10.2.3.1
Process
10.3
Updating Accounts and Ledgers
10.3.1
Prerequisites
10.3.2
Identifying New Entries
10.3.3
Adding New Ledgers to Assets
10.3.4
Setting Processing Options for Add New Ledger to Assets (R12823)
10.3.4.1
Process
10.3.5
Updating Company Numbers and Accounts
10.3.6
Running the Repost Ledger Program
10.3.7
Setting Processing Options for Fixed Asset Repost (R12910)
10.3.7.1
Print
10.3.8
Updating the Asset Number in the Account Ledger
10.4
Purging Assets and Asset Information
10.4.1
Purging Assets and Asset Information
10.4.2
Setting Processing Options for Asset Master and Balances Purge (R12912)
10.4.2.1
Process
10.4.2.2
Print
A
Understanding Predefined Depreciation Methods
A.1
Standard Depreciation Methods
A.1.1
Technical Considerations
A.2
Method 00, No Depreciation Method Used
A.3
Method 01, Straight Line Depreciation
A.4
Method 02, Sum of the Year's Digits
A.5
Methods 03, 04, and 05, Declining Balance with Cross-Over
A.6
Method 06, Fixed Percentage on Declining Balance
A.7
Method 07, ACRS Standard Depreciation
A.7.1
Calculation Method
A.7.2
Personal Property
A.7.3
Real Property
A.8
Method 08, ACRS Optional Depreciation
A.9
Method 09, Units of Production Method
A.10
Method 11, Fixed Percentage of Luxury Cars
A.11
Method 12, MACRS Standard Depreciation
A.11.1
MACRS Calculations
A.11.2
MACRS First Year Bonus Rule for HR 3090
A.11.2.1
Example
A.12
Method 13, MACRS Alternative Depreciation
A.13
Method 14, ACRS Alternate Real Property
A.14
Method 15, Fixed Percentage on Cost
A.15
Method 16, Fixed Percentage on Declining Balance with Cross-Over
B
Understanding International Depreciation Methods
B.1
French Straight Line (Method 19)
B.2
French Declining Balance (Method 20)
B.2.1
Calculations
B.3
French Derogatory (Method 21)
B.4
German Building (Method 22)
B.5
German Declining Balance (Method 23)
B.6
German Compound (Method 24)
B.7
German Investment Tax Credit (Method 25)
B.8
German Replacement Cost (Method 26)
B.9
Italy Straight Line (Method 27)
B.10
Italy Anticipated (Method 28)
B.11
Italy Complete (Method 29)
B.12
Spain Declining Balance (Method 30)
B.13
Czech Republic Percentage Rate (Method 31)
B.14
Japan Fixed Installment (Method 32)
B.15
Japan Declining Balance (Method 33)
B.16
Japan Beginning Special (Method 34)
B.17
Japan Accelerated (Method 35)
B.18
Japan Increased (Method 36)
B.19
Japan Excess (Method 37)
B.20
Japan Salvage (Method 38)
B.21
Japan Reserve Reduction (Method 39)
B.22
Japan Composite (Method 40)
B.23
Korea Straight Line (Method 41)
B.24
Korea Revaluation SL (Method 42)
B.25
Korea Capital Expenditure SL (Method 43)
B.26
Korea Special Rate SL (Method 44)
B.27
Korea Declining Balance (Method 45)
B.28
Korea Revaluation Declining (Method 46)
B.29
Korea Capital Expenditure DB (Method 47)
B.30
Korea Special Rate SL (Method 48)
B.31
Primary Secondary Tertiary (Method 49)
C
Understanding Formula Elements
C.1
Formula Elements
D
Understanding Initial Term Apportionment Codes
D.1
Initial Term Apportionment Codes
E
JD Edwards EnterpriseOne Fixed Assets Reports
E.1
Fixed Assets Reports
E.1.1
Asset Information Reports
E.1.2
Depreciation Reports
E.1.3
Integrity Reports
E.1.4
Quarterly and Year-to-Date Reports
E.2
JD Edwards EnterpriseOne Fixed Assets Reports: A to Z
E.2.1
Asset Information Reports
E.2.2
Depreciation Reports
E.2.3
Integrity Reports
E.2.4
Quarterly and Year-to-Date Reports
E.3
JD Edwards EnterpriseOne Fixed Assets Reports: Selected Reports
E.3.1
R12002P - Depreciation Defaults Report
E.3.2
R12301 - Unposted Fixed Asset Transactions Report
E.3.3
Processing Options for the Unposted Fixed Assets Transactions (R12301) Report
E.3.3.1
Display
E.3.4
R12410 - Asset Master Schedule Report
E.3.5
R12411 - Depreciation Schedule
E.3.6
Processing Options for the Depreciation Schedule (R12411) Report
E.3.6.1
Defaults
E.3.6.2
Print
E.3.6.3
Process
E.3.7
R12420 - F/A Transaction Ledger Report
E.3.8
R12421 - Assets by Finance Method Report
E.3.9
Processing Options for the Assets by Finance Method (R12421) Report
E.3.9.1
Print
E.3.10
R12422 - Property Tax Worksheet Report
E.3.11
Processing Options for the Property Tax Worksheet (R12422) Report
E.3.11.1
Display
E.3.11.2
Process
E.3.11.3
Print
E.3.12
R12424 - Cost Analysis Report
E.3.13
Processing Options for the Cost Analysis (R12424) Report
E.3.13.1
Defaults
E.3.13.2
Process
E.3.13.3
Print
E.3.14
R12428 - Units of Production Report
E.3.15
R12430 - Depreciation Expense Report
E.3.16
Processing Options for the Depreciation Expense (R12430) Report
E.3.16.1
Date
E.3.16.2
Ledger Type
E.3.16.3
Print
E.3.17
R12431 - Fixed Asset Reconciliation Report
E.3.18
Processing Options for the Fixed Asset Reconciliation (R12431) Report
E.3.18.1
Process
E.3.18.2
Print
E.3.19
R12432 - Fixed Asset Retirement Report
E.3.20
Processing Options for the Fixed Asset Retirements (R12432) Report
E.3.20.1
Process
E.3.20.2
Print
E.3.21
R12433 - Depreciation and Amortization Report
E.3.22
Processing Options for the Depreciation and Amortization (R12433) Report
E.3.22.1
Print
E.3.23
R12434 - Sale of Business Property Report
E.3.24
Processing Options for the Sale of Business Property (R12434) Report
E.3.24.1
Process
E.3.24.2
Print
E.3.25
R12435 - Account Reconciliation Report
E.3.26
Processing Options for the Account Reconciliation (R12435) Report
E.3.26.1
Process
E.3.26.2
Print
E.3.27
R127011 - Fixed Assets to G/L Integrity Report
E.3.28
Processing Options for the F/A to G/L Integrity (R127011) Report
E.3.28.1
Process
E.3.28.2
Print
E.3.29
R127012 - Fixed Asset Transaction Integrity Report
E.3.30
R127013 - G/L to Fixed Assets Integrity Report
E.3.31
Processing Options for the G/L to F/A Integrity (R127013) Report
E.3.31.1
Process
E.3.31.2
Print
E.3.32
R12800 - Post G/L Entries to Fixed Assets Report
E.3.33
R12800E - Fixed Assets Detail Error Report
E.3.34
R12851P - Depreciation Rules Report
Glossary
Index
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