E1: 12: R12855 Using Secondary Accumulated Depreciation to Calculate a Simple Capital Lease (Doc ID 1465814.1)

Last updated on JUNE 07, 2022

Applies to:

JD Edwards EnterpriseOne Fixed Assets - Version XE and later
Information in this document applies to any platform.

Purpose

This document demonstrates how to use Secondary Accumulated Depreciation to calculate a simple capital lease.

Scope

This document is helpful to anyone who wants to use secondary depreciation to calculate a simple capital lease. It is useful to accounting staff who need a way to create two additional entries besides the recording of the depreciation expense and accumulated depreciation. Although the example is for a simple capital lease, the concept can be used for other custom applications where additional entries are needed.