Fixed Assets

Financials are the backbone of corporations, and play an integral role in all levels and aspects of business. Many businesses require an efficient method of managing their assets. The JD Edwards EnterpriseOne Fixed Assets system provides an effective way to track assets for financial and reporting needs.

This section provides overview information about the financials industry, as well as overview information about how the JD Edwards EnterpriseOne Fixed Assets system operates.

The JD Edwards EnterpriseOne Fixed Assets system is a flexible system that can assist you in managing information and costs that are related to your fixed assets. Many companies delay processing fixed asset information until they are ready to compute period depreciation. You can use JD Edwards EnterpriseOne Fixed Assets system integration and features, such as automated asset setup, to update asset information on a daily, monthly, quarterly, or annual basis, depending on the needs of the organization.

This section discusses:

• Multiple depreciation books and methods.

• User-defined depreciation.

• Automated asset setup.

• Asset location.

• Insurance and financing information.

• Asset transfers, splits, and disposals.