FA Range

The system uses the FA range to identify which asset cost accounts allow the system to create necessary asset master records when you run a post to fixed assets. If you post a transaction with a cost account in the FA range for an asset, and you do not identify an asset with the transaction, the fixed asset post program automatically creates a master record for the unidentified asset.

The system creates master records by using the default information that is specified for accounts and depreciation. The description of the asset is derived from these sources:

• Line 1 - Explanation 1 from the Account Ledger table (F0911).

• Line 2 - Explanation 2 from the Account Ledger table (F0911).

• Line 3 - Account Description from the Account Master table (F0901).

  Important: If you set up the FA range and you enter a general ledger transaction without a value in the Asset Number field, the system automatically creates a new master record. If you have two transactions that are related to the same asset, the system creates two new assets.

When you set up the FA range of AAIs, you must use these guidelines:

• Define up to 49 FA ranges, starting with FA01-FA02 and ending with FA97-FA98 for each company.

• Define only asset cost accounts for this AAI range.

• Set up Depreciation Rules for the asset cost account.

  The system uses the default values on the Depreciation Information form to create asset master records.

• Set up company-specific FA ranges, or use the default company 00000 to set up the FA range for all of the companies at one time.

  If you set up a company-specific FA range for one company, you must set up the FA ranges (starting with FA01-FA02) for all companies.

  Important: In general, you do not set up the FA ranges until you have finished converting to the JD Edwards EnterpriseOne Fixed Assets system.