Updating the Balance Character Code

Set Up User Defined Depreciation (G1232), Asset Account Type Update.

Run the Balance Character Code Update program to identify table F1202 records that are key to the user-defined depreciation process among the other records that might exist for an asset, such as maintenance and other expense accounts. The system uses a balance character code to identify the asset balance records for these accounts:

• Cost

• Accumulated depreciation

• Secondary accumulated depreciation

• Depreciation expense

• Depreciation expense - Secondary

• Depreciation expense - Tertiary

• Net book value

• Disposal clearing

• Disposal proceeds

The Balance Character Code Update program (R12920) identifies these records in table F1202 with a code. When you run Compute Depreciation, the program uses the balance character code to recognize records in table F1202 as belonging to cost, accumulated depreciation, and so on. Run Balance Character Code Update when you:

• Set up the JD Edwards EnterpriseOne Fixed Assets system with user-defined depreciation methods for the first time.

• Make a change in the AAIs that affects the cost and accumulated depreciation ranges (FC and FD).

  Note: You do not need to run Balance Character Code Update for asset balances records that are created internally. The system automatically updates the Balance Character Code field when you create asset balance records through programs such as Beginning Balance Adjustments, Post G/L Entries to Fixed Assets, and Asset Split.

When you select Balance Character Code Update, the system submits the job directly to batch.