Asset Accounting

This section contains enhancements in Infor Financials and Supply Management for 11.0.78.0.

Provide additional dimensions to drive the asset fund allocation

The fund accounting feature previously introduced the ability to proportionately split an asset's allocations back to the funds used to purchase the asset.

A new Asset Fund Control setup form is used define up to five finance enterprise group dimensions in addition to the fund dimension that is used to drive the asset fund allocation.

Additionally, you can select the transaction types that undergo the fund allocation, such as Asset and Depreciation Expense, while not selecting Clearing and Accumulated Depreciation.

Note: If you have already set up fund accounting, then after installing these updates and before processing any assets, go to the asset system setup menu and select the Asset Fund Control. Add a record for your finance enterprise group to identify the options that drive the fund allocations.

Program/business class/process affected:

  • Asset Fund Accounting

Use these steps to test the enhancement:

  1. Add an asset fund control record and perform fund setup tasks and processing.

JT-1494090

Added the ability to select transactions by transaction date or post date on the Draft Project Asset Interface

Added a parameter to the Draft Project Interface to identify whether the Posting Date or the Transaction Date is used.

Program/business class/process affected:

  • Project Capitalization

Use these steps to test the enhancement:

  1. When running the draft interface, verify that you can select transactions using date parameters from the GLTransactionDetail file.

JT-1537204