E1: 12: Adding Asset Cost and Posting to Fixed Assets (P12130/P122101/P12102/R12800/R09801) (Doc ID 626063.1)

Last updated on JULY 26, 2023

Applies to:

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

Purpose

Overview

This is an overview about the capitalization of fixed assets using Journal Entries in General Accounting along with the Fixed Assets system. This document describes the capitalization of fixed assets through General Accounting (System 09). This method allows the user to update all tables once the record is created, posted to General Accounting and then posted to Fixed Assets (General Ledger and Fixed Assets: F0911, F0902, and F1202). It also reviews the different processes that can be used to post the amounts to the system. When adding significant volumes of fixed asset balances, a user may find <Document 641196.1> to be of assistance.

Scope

This document describes the different ways to enter amounts into the Fixed Asset System and the ways to post them to the Fixed Asset Balance File (F1202).