E1: 12: Depreciation Projections Needs to Consider when the Compute Direction Changes on an Asset so that the Projections FLAPYC Record for Acccumulate Depreciation is Correct
(Doc ID 2631979.1)
Last updated on JANUARY 23, 2020
Applies to:JD Edwards EnterpriseOne Fixed Assets - Version 9.1 and later
Information in this document applies to any platform.
The Depreciation Projections/R12865 does not consider when an asset's depreciation Compute Direction changes from I-Inception to Date to P-Period. If during the year the compute direction changes, then the next year's FLAPYC/F1202 Beginning Balance does not calculate correctly, since I-Inception to Date pulls the full amount in the FLPOU/F1202 field and P-Period multiplies the amount by 12 periods.
E1: 12: Understanding Fixed Asset Depreciation Projections (R12865) (Doc ID 785658.1)
The FLPOU field is the annual amount of depreciation that will be taken on a particular asset in that year. The Projection program uses this amount to account for depreciation that hasn't been recorded in the current year. It
needs this data so that the projection program doesn't over depreciate assets during the projections process. When FLAPYC/F1202 field gets update for the next projection year, the system takes the current year FLAPYC/F1202 and adds
the current year FLPOU field to come up with the projection year's FLAPYC/F1202. Each time depreciation is run in final and an amount is recorded to the system the system reviews the amount in the FLPOU/F1202 field and updates it if necessary. This monthly update of the FLPOU/F1202 field insures that the system has the most current yearly depreciation amount. If the FLPOU field is not correct for the current year, the next year's depreciation projections will not be correct and will be off the amount of the FLPOU/F1202 field. The projections programs handles transfers correctly and uses the new account numbers in the projection year.
If Method of Computation "P" for P-Period is being used the system will multiply the FLPOU field by 12 so that an annual amount is calculated.
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