User-Defined Depreciation

Although the JD Edwards EnterpriseOne Fixed Assets system provides a wide range of depreciation rules, you might need a specific depreciation combination other than those provided with the standard depreciation rules. With user-defined depreciation, you can substitute various depreciation conventions, formulas, and spread patterns to define depreciation methods that are specific to the company without using custom programming. For example, you can copy an existing rule and modify it to create a depreciation method for your specific needs.

You can set up user-defined depreciation methods to establish:

• User-specific depreciation formulas without custom program modifications.

• User-specific depreciation rules and conventions.

• Depreciation methods for specific categories of assets.

• Specific depreciation methods for assets placed in service during certain periods.

• Specific depreciation methods for certain years.