Lou Gansky, Senior Application Consultant
Question: How are Fixed Asset Transactions processed within the General Ledger and Fixed Asset Systems?
Answer: There are four types of Fixed Asset Transactions:
Depreciation – When you process depreciation, the Fixed Asset System (F1202) is automatically updated. Batch Type "X" is created that needs to be posted to the General Ledger.
Splits – When you process splits, the General Ledger (F0902) and Fixed Asset System (F1202) are automatically updated.
Transfers - When you process transfers, the Fixed Asset System (F1202) is automatically updated. Batch Type "E" is created that needs to be posted to the General Ledger.
Disposals – When you process disposals, Batch Type "Z" is created. Batch Type Z needs to be posted to the General Ledger (F0902) and then posted to the Fixed Asset System (F1202).
Have a question about JD Edwards, please contact us at inquiries@GetGSI.com!