JD Edwards World Conversion to User Defined Depreciation

The Global Depreciation Rules Update program can facilitate the transition from the Compute Depreciation program (P12850) in JD Edwards World to the User Defined Depreciation program (R12855) in JD Edwards EnterpriseOne software. The Global Depreciation Rules Update program searches the existing table F1202 and automatically creates the user-defined depreciation tables F12851, F12852, and F12853, when possible.

Note: UDD rules are created if no demonstration data rules exists that match the methods on the assets.

This program also automates user-defined depreciation setup of existing assets that do not match the current user-defined depreciation demonstration data. Prior to this program, companies had to set up a new user-defined depreciation method, including life year rules, for every asset balance in which the depreciation information (F1202) did not match a user-defined depreciation demonstration data rule (F12851).