Setting Up Ledger Type Rules

Access the Fixed Asset Ledger Type Rules page.

Post Cost from this Ledger

Specify the source ledger type of the cost when it is desirable to base the cost in this ledger on the cost from another ledger. This value is used by the Fixed Asset Post programs when determining the relationship of Ledger Types.

Only the same ledger or the AA ledger is currently valid. If the Post Cost from this Ledger field is blank, the ledger type AA is used.

Transaction Creation

Specify how balances for ledgers will be supported. Balances in the Item Balance records for the same ledger or for the AA ledger will always be supported by general ledger transactions (F0911s). This code allows user discretion for all other ledger types as follows:

Blank: GL Transactions will not be created by the Fixed Asset system.

1: This ledger is not parallel to any other ledger.

All balances will be supported by GL Transactions.

2: This ledger is independent of the general ledger.

It is not necessary that transactions to this ledger be posted to general ledger prior to posting them to this ledger.

3: This ledger is fully parallel to the general ledger.

All balances will be supported by transactions. Cost transactions will be created to this ledger to duplicate those arising from the post from ledger. This value is reserved for future use.

9: This is not a Fixed Asset Ledger.

Bypass all transactions to this ledger.

Ledger Currency Code

Review this code. This field is display only. Changes must be made by choosing Revise Ledger Type from the Row menu on Fixed Asset Ledger Type Rules.