OW : Fixed Assets Depreciation

[jdewow]

Hi.

I am just beginning with Fixed Assets on OW. The Manual mentions about
Secondary Depreciation and Tertiary Depreciation. I have not been able to
find any explanations on these in the Manual..like what are these
depreciation amounts,how would they be calculated & what is the precise role
of these calculations. Further,I feel from the AAIs that Accumalated
Depreciation has an account only for Secondary Depreciation but not Tertiary
whereas Depreciation Expense has an account for both.

Can somebody please explain ?

Thanks in advance.

Regards.

 

[Mike Dupaix]

All additional depreciation types (other than AA or book depreciation) are used for additional depreciation calculations such as income tax, AMT, or for any other purpose. The details of the depreciation expense are written to table F1202 by asset. There are no JE's created for any other ledger types, only AA.

The additional depreciation ledgers allow differing types of depreciation methods to be created and used for comparison against the GL (or AA ledger) for the calculation of specialized financial and tax reporting. If you need more information, contact me off line.


I am just beginning with Fixed Assets on OW. The Manual mentions about
Secondary Depreciation and Tertiary Depreciation. I have not been able to
find any explanations on these in the Manual..like what are these
depreciation amounts,how would they be calculated & what is the precise role
of these calculations. Further,I feel from the AAIs that Accumalated
Depreciation has an account only for Secondary Depreciation but not Tertiary
whereas Depreciation Expense has an account for both.

Can somebody please explain ?

Thanks in advance.

Regards.



--------------------------

 

[jdewow]

Mike,

Thanks for the reply.

I managed to get hold of some powerpoint in JDE Instructor Support Materials
that mention that Secondary Depreciation is used in some countries to keep
track of the difference between,say,Double Declining Depreciation & Straight
Line Method in a separate account. Both these accounst are maintained in the
AA ledger & not in other Depreciation Ledgers like D1,D2 etc.

Incidentally,transactions in F0911 can be generated in the Depreciation
Ledger like D1,D2 etc also..this is governed by the Fixed Asset Rules in the
Ledger Type Master setup.

Thanks again.

Regards.