E1: 12: When R12855 (Calculate Depreciation) is Executed Depreciation Calculated Beyond Asset Life With Compute Direction Set as P (Current Period)
(Doc ID 2932274.1)
Last updated on MARCH 02, 2023
Applies to:JD Edwards EnterpriseOne Fixed Assets - Version 9.2 and later
Information in this document applies to any platform.
When R12855 is executed for an Asset where the compute Direction is set as P, Depreciation is calculated beyond the life of the Asset in the scenario when the last months Depreciation amount is more than the calculated deprecation amount
1.Create a Asset with cost set as 10,000.
2.Define the Life of the asset as 3 months with the compute direction as “P”.
3.Run R12855 for the first month
4.Run R12855 for the second month
5.Run R12855 for the third month
6.Lastly run R12855 beyond the life of the asset life. Depreciation is getting calculated
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