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E1: 12: R12855 (Compute Depreciation) End Of Asset Life Calculates In Days Not Periods With 4-4-5 or 5-4-4 Date Pattern (Doc ID 3055795.1)

Last updated on DECEMBER 16, 2024

Applies to:

JD Edwards EnterpriseOne Fixed Assets - Version 9.2 and later
Information in this document applies to any platform.

Symptoms

Assets that are in the last year of life on a 4-4-5 or 5-4-4 date pattern are calculating depreciation in the last year in days and not periods.

Steps to Duplicate:
1. Create an P1201 asset
2. Create P0008 Fiscal Date Patterns for 4-4-5 periods.
3. Use Straight-line Depreciation, Initial Term Apportionment (ITAC) = A, Method of Computation (MOC) = I, Life Periods = 84.
4. Set the R12855 (Compute Depreciation) processing option #2 on the Process tab to periods, not days. And processing option #8 to 'blank'
5. Run R12855 (Compute Depreciation) for the last year of the asset's life and see that Depreciation is based on days, not periods.

Cause

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In this Document
Symptoms
Cause
Solution
References


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