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WS: 12: FAQ: Adding Cost to Existing Assets (Doc ID 1542473.1)

Last updated on JULY 07, 2021

Applies to:

JD Edwards World Fixed Assets - Version A7.3 cume 4 and later
Information in this document applies to any platform.

Purpose

This document describes the questions pertaining to adding cost to existing assets.

Questions and Answers

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In this Document
Purpose
Questions and Answers
 Question 1:  How can you increase the net book value (NBV) of an asset due to capital improvements and recalculate depreciation based on the new cost?
 Question 2:  How can you add cost to a fully depreciated, active, asset due to capital improvements and depreciate it correctly?
 Question 3:  What determines the depreciation information for an asset when cost is entered in a future year prior to running the Asset Account Balance Close program?
 Question 4:  How can you add additional cost to a tax ledger in a specific period for an asset?
 Question 5:  Why can't I post amounts to assets that are disposed?
 Question 6:  What Depreciation Method should be used when adding cost to an existing fully depreciated asset that was using Compute Direction "P"?
References

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