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The JD Edwards Enterprise One Fixed Assets system provides flexibility for defining depreciation methods.
The system performs depreciation calculations based on the established depreciation rules for each depreciation method.
Although the JD Edwards Enterprise One Fixed Assets system provides a wide range of standard depreciation methods, you might need a specific depreciation algorithm.
You can modify a standard depreciation method, or you can create your own depreciation method.
An organization that operates in a multisite, multinational, or multicurrency environment is likely to require a broad sample of the variations of the elements of depreciation.
With asset depreciation, you can access all the elements of the depreciation equation.