1. Fixed Assets Implementation Guide
  2. Posting Journal Entries to Fixed Assets

Posting Journal Entries to Fixed Assets

After you verify the information in the unposted fixed asset journal entries, you must post the entries to the F1202 table. All journal entries that fall within the fixed asset (FX) range of AAIs must be posted to the Asset Account Balances table to update the JD Edwards EnterpriseOne Fixed Assets system with current transaction records and to maintain the integrity of the JD Edwards EnterpriseOne Fixed Assets system.

Before posting GL journal entries to fixed assets, the system verifies that each entry includes:

  • A GL post code of P, which means that the records are posted to the Account Balances table (F0902) (except when posting ledgers with a transaction creation code of 2).

  • An account within the FX range that you set up in the AAIs.

  • A fixed asset post code of blank.

  • A valid asset number.

  • A hold code of blank.

When you run the Post G/L Entries to Assets program, the system posts all fixed asset journal entries to the Asset Account Balances table. The post program updates the Asset Account Balances table and marks each transaction as posted.

You can set the processing options in the Post G/L Entries to Fixed Assets (R12800) or Revise Unposted Entries (P12102) program to prevent the creation of records in the F1202 if there are unit ledgers in the journal entry you want to post. The processing options also enable you to specify up to 10 ledger types for taxes for the system to use when posting cash clearing amounts.