Automated Asset Setup

You can use default rules to define default depreciation instructions for individual asset cost accounts by company. When you add newly acquired assets to the JD Edwards EnterpriseOne Fixed Assets system, the information that you establish in default rules is included automatically in the new asset records. You can override the defaults for special cases. Using default rules saves time, especially if you frequently add assets to the system. You can define default values for:

• Accounting class

• Equipment class

• Depreciation accounts

• Revenue accounts

• Depreciation information