Understanding Asset Depreciation

The JD Edwards EnterpriseOne Fixed Assets system provides flexibility for defining depreciation methods. You have the option of creating a new user-defined depreciation method, using a predefined method, or modifying a predefined method to create a new user-defined method.

After you set up depreciation rules and establish master information, depreciation information, and account balances for the assets in the system, you can calculate asset depreciation.

See also:

• Creating Asset Identification Information

• Formula Elements