A journal updated when the Fixed Asset business area is being used. Updates occur from Fixed Asset transactions processed with posting codes setup with the Fixed Asset Type Journal indication on the Posting Code (PSCD) reference page. The Fixed Asset Accounting Journal (JFAAJ) contains two unique fields. Fixed Asset Number and Component Number are recorded to tie all accounting entries back to fixed assets.
As delivered this is a balancing journal that is used for online inquiry and as the input source to the Fixed Asset Accounting Ledger – APD (LAPDFA) inquiry page.