BLUEPRINT 4D: Fixed Assets Depreciation in JDE changing methods without customization
Abstract:
Although the JD Edwards Fixed Assets system provides a wide range of standard depreciation methods, there might be a need for specific depreciation algorithms other than those provided with the standard depreciation methods. For example, the straight line depreciation with computation method” I” (Inception to date) uses formula 102 for the first year, which is expressed as (Basis/Assets life periods) *Normal number of periods * Initial year apportionment percent . The Initial year apportionment percent is apportioned in days while generally the depreciation is apportioned in simple periods, the results from these two methods are different. If the asset value is large, then the difference is significant.
Objective 1:
How to set up custom depreciation methods
Objective 2:
How to calculate user-defined depreciation
Objective 3:
Depreciation rules define the algorithm that the system applies to the cost of an asset over the course of the asset's life every time you compute depreciation. JD Edwards’ User-Defined Depreciation (UDD) uses elements like Cost, Life Years etc
Speaker
Lata Reddy
Director, Client Services, C&A Technology LLC
