E1:15: NEED A DIFFERENT LL AND ROUA ACCOUNT PER ASSET CLASS
(Doc ID 2555250.1)
Last updated on NOVEMBER 08, 2019
Applies to:JD Edwards EnterpriseOne Real Estate Management - Version 9.1 to 9.2 [Release 9.1 to 9.2]
Information in this document applies to any platform.
Currently the new lessee accounting system just provides one lease liability and one ROUA account per company as the accounts are in the AAI's. However business want to have a different LL and ROUA account per asset class.
Can we have the ROUA cost and accumulated depreciation accounts come from the Fixed asset master record (as fixed asset posting is done, we are creating an asset master anyway). Currently the fixed asset system does not allow for sourcing the LL account from the asset master so this one may require an extra field FA or an extra table somewhere to link it to the various ROUA cost accounts in the asset master.
In the FA module the cost and Accumulated depreciation code to post the asset values too come from the Asset, so you can have separate G/L accounts to record Land and Buildings, Vehicles, Fixtures and Fittings, Plant and machinery etc. In leasing the account to post the cost and Accumulated depreciation comes form the AAI's, one per company so any lease asset, whether a vehicle, building et all get posted to the same G/L account. The accountants want to be able to have separate accounts for leased Land and Bulidings, Leased Vehicles etc. To do this, we would either need to get the accounts from the asset (in a similar way fixed assets does) or have multiple AAI's linked into the asset class in same way (I had thought perhaps when the leasing AAI identifiers were shortened recently maybe that was in preparation to combine them with an asset class to enable posting to separate G/L accounts)
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