Rounding for Depreciation for Fixed Assets

Czech laws require that depreciation amounts for fixed assets be rounded up to the nearest koruna (CZK), the Czech Republic's currency. When you run the Compute Depreciation program (R12855) when the value in the Localization Country Code field on the User Profile Revisions form is set to CZ, the system rounds up the calculated amount to the nearest koruna.

See also:

• "Understanding International Depreciation Methods" in the JD Edwards EnterpriseOne Applications Fixed Assets Implementation Guide.