| # FAM enhancements Infor LN SP1 In Infor LN SP1, the Fixed Assets module does not support the following features: Transaction types for various FAM transactions To distinguish and report different fixed asssets transactions such as disposal, depreciation, and investment, by transaction type. Suspended Depreciation To suspend depreciation for specific periods. To suspend depreciation generally for a depreciation method for all asset books, you can use the Suspended Periods (tffam7120m000) session. If you use this method, periods for which you suspend the depreciation are included in the remaining asset life. Accelerated Depreciation To depreciate an asset by an extra amount in a specific year. You can use the Mass Adjust Assets by Book (tffam8225m000) session to change the depreciation amount, and you must run the session again to recalculate the regular depreciation for the next year. Infor LN FP2 In Infor LN FP2, the following features and requirements are implemented: Transaction types for various FAM transactions In the FAM Parameters (tffam0100s000) session, you can select the transaction types for different fixed assets transactions such as disposal, depreciation, and investment. In some countries, you must submit a fiscal book that lists all journal entries relevant for fiscal purposes. Suspended Depreciation To suspend depreciation for specific periods. In some countries, you can suspend depreciation for periods during which the asset is not used for any reason. You can perform the depreciation in later periods. You can use the new Mass Suspend Depreciation (tffam1207m000) session to suspend the depreciation of a range of asset books for a range of years and periods. For details, refer to Suspending depreciation. Accelerated Depreciation To depreciate an asset by an extra amount in a specific year. In some countries, accelerated depreciation is allowed to a maximum of 100 percent of the yearly standard depreciation amount, until the asset value becomes zero. Accelerated depreciation reduces the depreciation time. Accelerated depreciation transactions must be posted to specific ledger accounts. Accelerated depreciation follows the same rules as the standard depreciation. If the standard depreciation is suspended, the accelerated depreciation is also suspended. If the actual use of the asset changes, you can reduce or suspend the accelerated depreciation accordingly. You can use the new Mass Accelerated Depreciation (tffam1208m000) session to depreciate a range of asset books by an additional amount. You can do this only once a year. For details, refer to Accelerated depreciation. Related topics Suspending depreciation Accelerated depreciation |