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E1: 12: P12851 Depreciation Rule Revisions FAQ (Doc ID 1494360.1)

Last updated on JULY 13, 2021

Applies to:

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

Purpose

In Depreciation Rule Revision (P12851) and under “Conventions” tab, there are options to flag "Allow Over Depreciation" and "Allow Negative Depreciation".  Use the following examples to further explain their use and differences

Questions and Answers

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In this Document
Purpose
Questions and Answers
 Question 1.  What is "Allow Negative Depreciation"?
 Question 2.  What is "Allow Over Depreciation"?
 Question 3.  Can it be YES to "Allow Over Depreciation" but NO to "Allow Negative Depreciation" or vice-a versa?
 Question 4.  How does the system calculate the first year depreciation on an asset that is using Method 01-Straight Line and Inception to date?
 Question 5.  Is it okay to change Depreciation Methods, Compute Directions, and Initial Term of Apportionments (ITAC)?  What are the consequences?
 Question 6.  The Depreciation Rule Revisions P12851 and the Depreciation Formulas P12853 are set to allow changes to rules, however the system is still giving the error "Numeric Depreciation Not Allowed and not allowing changes to the rules.   What is causing this to happen?
 Question 7.  In the P12851, the "In Service From Date" and "Effective From Date" are not editable.  Any workarounds?
 Question 8.  How do you change the life months of an asset?
 Question 9.  When setting up the Depreciation Rule (P12851) for diminishing method or fixed percent on cost, is it necessary to indicate the "Life Month" even though life month is not being considered when computing the depreciation?
 Question 10.  Why is the system calculating an adjustment for 2015 on an asset that is using I-Inception to date, start date of 10/15/2011 that has 48 life months and PO # 8 on the R12855 is set to 1 = Apply total adjustment to current period?  The assets cost is 575 and the accumulated depreciation is -575.
 Question 11.  Why  is the error message 012X-Numeric Depreciation Method Not Allowed display when trying to add/copy a rule?
 Question 12.  What element would be used to represent the number of days for the life of a declining balance asset when the life is set to 999
References


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