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.
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
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document
|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 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 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|