Fixed Assets Management

This topic describes the differences between the Fixed Assets module in Infor LN SP1 and in Infor LN FP2 that are not already discussed in other Differences topics.

New and changed functionality

  • Integration mapping scheme

    In Infor LN SP1, not all fixed assets management mapping elements were available for ledger account mapping and dimension mapping.

    In Infor LN FP2, you can select all of the fixed assets management mapping elements for ledger account mapping and dimension mapping. For example, you can use the Reason mapping element to map an asset revaluation transaction to a specific revaluation ledger account.

  • Suspended depreciation and accelerated depreciation

    In connection with the new suspended depreciation and accelerated depreciation functionality, the following fields were added to the Asset Book (tffam1110s000) session:

    • Count of Suspended Periods
      The number of periods for which the asset was not depreciated because you suspended the depreciation in the Mass Suspend Depreciation (tffam1207m000) session. This field is is not affected by suspended depreciation that you perform using the Suspended Periods (tffam7120m000) session.
    • Ant. Depreciation
      If you perform accelerated depreciation on the asset, LN selects this check box.
    • Remain. Depr. Life (YY/MM)
      The total remaining depreciation life, expressed as the sum of the remaining asset life and the number of periods for which you suspended the depreciation.