Depreciate fixed assets with reduction entry posted (Japan)


We will not be accepting edits to this topic, because it is generated from a business process in Lifecycle Services.

Use this task to learn how to run fixed asset depreciation with reduction entries.

In order to complete this task, the Fixed Asset configuration key must be selected.

This task was created using the JPMF demo data company.

  1. Go to Fixed assets > Journal entries > Fixed assets journal.
  2. Click New.
  3. In the Name field, type a value.
  4. Click Lines.
  5. Click Proposals.
  6. Click Depreciation proposal.
  7. In the To date field, enter a date.
  8. Verify that Reduction entry allocation is selected.
  9. Click Filter.
    • Optional: Using the filter can help make the process faster by processing only the necessary fixed assets.
  10. In the Criteria field, type a value.
  11. Click OK.
  12. Click OK.
    • The depreciation that is attributed to the reduction entry is separated from that of the underline fixed asset by Document type.
  13. Click Post.