Asset Accounting
This section contains enhancements in Financials and Supply Management.
Adjusting asset in-service dates
The ability to control YTD and LTD calculation and transactions posted to the Global Ledger has been created.
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1.Create an asset with a prior year in-service date.
- Perform any adjustment on the asset so that YTD, LTD is recalculated.
- Use an adjustment date in current year calendar with compute option set to Y.
- Now, in the Adjustment Post History, we have the options.
- If you set this flag to "YesWithTransactions", then both YTD and LTD amounts are recalculated and posted to the GL.
- If you set this flag to "YesWithoutTransactions", then both YTD and LTD amounts are reclaculated. Only YTD amount is posted to the GL.
- If you set this flag to "No", then the YTD amount is recalculated, the LTD amount remains the same, and only the YTD amount is posted to the GL.
- Review the Release Assets batch job to validate the reset scenarios.
JR-3266665
Asset programs are updated to use the Last Asset Item Purchase Date field instead of the derived High Purchase Date field
The asset high purchase date was a derived field used to identify a default in-service date and transaction date. The asset has a field LastAssetItemPurchaseDate, which is more efficient.
This update is to programs that use the derived field. This list shows the programs that are affected:
- Validate Depreciation Calculation
- Asset validate: AssetBook DepreciationStartDate
- AssetAdjustment validate: Validate TransactionDate
- AssetBook validate: AssetBook In Service Date and Transaction Date
- AssetBookAdditionalImport validate: AssetBook In Service Date
- AssetBookDisposal validate: TransactionDate and Currency exchange date
- AssetBookTransaction validate: TransactionDate and Currency exchange date
- AssetBookTransfer validate: TransactionDate and Currency exchange date
- AssetDisposal validate: TransactionDate
- AssetItem validate: TransactionDate and depending on company posting option PostingDate
- AssetItemTransfer validate: Currency Exchange Date
- AssetReinstatement validate: TransactionDate
- AssetTransaction validate: TransactionDate and CurrencyExchangeDate
JR-3266022