JD Edwards EnterpriseOne Fixed Assets Accounting Rel 9.2 Course Overview

To ensure a successful learning experience in the JD Edwards EnterpriseOne Fixed Assets Accounting Rel 9.2 course, participants should meet the following minimum prerequisites:

• Basic understanding of accounting principles, particularly fixed assets accounting.
• Familiarity with the general navigation and functionality of JD Edwards EnterpriseOne applications.
• Experience with or knowledge of other JD Edwards EnterpriseOne Financial Management modules is helpful but not mandatory.
• Comfort with using desktop computers and Microsoft Windows operating systems.
• Ability to comprehend and make use of implementation guides and other documentation related to the software.

It is important to note that while prior experience with JD Edwards software can enhance the learning experience, the course content is designed to be accessible to individuals who are new to the JD Edwards EnterpriseOne Fixed Assets system. The training will provide comprehensive guidance to help participants become proficient with the software's features and functionalities.

Target Audience for JD Edwards EnterpriseOne Fixed Assets Accounting Rel 9.2

The JD Edwards EnterpriseOne Fixed Assets Accounting Rel 9.2 course is designed for professionals managing asset lifecycles and financial data.

• Financial Controllers
• Asset Managers
• Accountants
• Financial Analysts
• JD Edwards EnterpriseOne Consultants
• ERP System Implementers
• IT Professionals working with financial systems
• Financial Systems Managers
• Compliance Officers
• Auditors specializing in fixed assets
• Business Analysts with a focus on financial systems
• CFOs and Finance Executives looking to optimize asset management processes

Learning Objectives - What you will Learn in this JD Edwards EnterpriseOne Fixed Assets Accounting Rel 9.2?

Introduction to Learning Outcomes

This JD Edwards EnterpriseOne Fixed Assets Accounting Rel 9.2 course equips learners with comprehensive skills for managing fixed assets throughout their lifecycle, integrating with other systems, and ensuring accurate financial reporting.

Learning Objectives and Outcomes

• Understand the fixed assets business process within JD Edwards EnterpriseOne and its features, ensuring a strong foundational knowledge.
• Set up and configure the system foundation for Fixed Assets, including constants, UDCs, AAIs, and Next Numbers to align with organizational practices.
• Implement additional system components such as acquisition years, depreciation defaults, category code mapping, ledger type, and disposal rules for enhanced asset management.
• Create user-defined depreciation methods by establishing rules, formulas, and spread patterns to accommodate unique business requirements.
• Manage asset master records effectively, including creation, verification of depreciation, and deletion processes.
• Execute accurate asset depreciation calculations, review batches, and post related entries to the general ledger to maintain financial integrity.
• Understand and generate various types of fixed asset journal entries, and learn the asset split process for refined asset tracking.
• Perform asset transfers, ensuring records are updated and financial information reflects the new asset locations.
• Manage the disposal of fixed assets, whether individually or in mass, and learn the implications on financial statements.
• Grasp the concept of asset revaluation, perform revaluations using the Revaluation Journal Program, and understand the impact on reporting.
• Generate and interpret standard and integrity fixed asset reports to maintain data accuracy and support decision-making.
• Conduct year-end processes, including asset account balance and units of production close programs, and run depreciation projections for forward planning.
• Use Global Update Programs to make mass changes to asset information, depreciation rules, accounts, and ledgers, and learn how to purge asset master and balance records.