E1: 12: No Option to Lock Depreciation Start and End Date to Avoid Overrides During Changes in Fiscal Date Pattern (P1204/P1201/R12855) (Doc ID 2115218.1)

Last updated on JULY 27, 2016

Applies to:

JD Edwards EnterpriseOne Fixed Assets - Version 9.1 and later
Information in this document applies to any platform.

Symptoms

Client is changing their tax year end date from Sunday nearest to end of June to Sunday nearest to end of December. They are also moving from 13 periods (4-4-4) to 12 periods (5-4-4) in a year.

So the years they are going to have are:
FY15: July 15 - June 16 (13 periods)
FY16: July 16 - December 16 (6 periods)
FY17: January 17 - December 17 (12 periods)

Current rules are:
Compute Direction = R
Initial Term of Apportionment = First Day of First Month
Depreciation formula = 107
Basis Formula = 500
Number of periods in a year = 13

Asset purchase date = 30/06/2013
Initial Term of apportionment = First day of first month, hence depreciation
Start Date = 03/06/2013
Asset live = 10 years, hence Asset End date = 02/06/2023

Considering the above requirement, curently there are two options available:

a) The first option is to change the life periods on the Depreciation Rule from 120 to 122.

b) The second option is to change the depreciation start date so that it starts two periods later i.e. for an asset with a depreciation start date of 6/2/2013 the new depreciation start date would be 8/2/2013. The integrity of the asset acquisition date would still be maintained because the asset acquisition date is stored separately from the depreciation start date.

Unfortunately, none of the above options is feasible exercise based on the scale of assets.

Cause

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