Upgrading to Fixed Asset Management Spring 2023

This page describes the changes to make when upgrading to Spring 2023.

See the Upgrade Steps section under each feature for details of any action required. If you don't want to use or upgrade an optional feature, you can skip the upgrade steps for that feature. To perform upgrade steps in your org, you must be assigned administrator permissions.

See the Included in This Feature section under each feature for details of items such as objects, fields, or buttons that have been added in this release.

Note:

Where new objects, fields, or buttons have been added for a feature, we recommend that you add them to any relevant page layouts, profiles, and permission sets. For information on how to do this, see the Salesforce Help.

For information on new features and changes to existing features in Spring 2023, see New Features and Enhancements in Fixed Asset Management Spring 2023.

FinancialForce is Now Certinia

We have made the following changes to align with our new Certinia brand:

  • The publisher name has been updated to Certinia
  • Package names no longer reference FinancialForce
  • In most cases, text referring to FinancialForce has been replaced with Certinia

For more information about these updates and related text changes, see the Package Name Updates article in the Certinia Community and the Technical Documentation Pack.

To learn more about our rebrand, visit the Certinia Community for a message from our CEO, Scott Brown.

Note:

Major versions include updates to both package and publisher names. In service packs, only the package name has changed. Some elements, such as theming and logos, have not been updated and other references to FinancialForce might remain visible in your org.

Certinia Trailhead: Release Highlights

If you want to learn more about the new features in this release, see the ERP Cloud - Spring 2023 Release Highlights Certinia Trailhead module. This module will guide you through the new features in our ERP Cloud products.

Upgrade Steps

No upgrade steps are required to upgrade this feature to Spring 2023.

New Dependency between Fixed Asset Management and Accounting

Upgrade Steps

To start using this feature in Spring 2023, take the following action.

Upgrade Steps for Spring 2023
Action Further Information

Complete the necessary upgrade to enable and configure the dependency between Fixed Asset Management and Accounting from the Feature Console. This ensures that the transition to the new package integration is done correctly and smoothly.

Note:

We recommend transitioning to the Accounting Integration because the Fixed Asset Management to Accounting Journals Integration, which uses Foundations messaging, has been deprecated and will be removed in a future release.

Enabling Accounting Integration

Included in this Feature

This section details the items that have been added in this release.

Custom Setting Fields

Custom Setting Fields Added in Spring 2023
Custom Setting Field Custom Setting Description Further Information
Disable Accounting Journal Auto Creation Fixed Asset Management Settings

If selected, prevents Fixed Asset Management from creating journals automatically when approving an asset, exporting a depreciation schedule, or disposing of an asset. If deselected, journals are created automatically when approving an asset, exporting a depreciation schedule, or disposing of an asset. To use this field, you must enable the Accounting Integration feature. When the feature is enabled, this field is deselected by default.

 Fixed Asset Management Custom Settings
Disable Accounting Validations Fixed Asset Management Settings

If selected, ignores the Accounting fields when saving a fixed asset. If deselected, makes the Accounting Company and GLA fields mandatory to save an asset.

Permission Sets

Permission Sets Added in Spring 2023
Permission Set Further Information

FAM - Accounting Fields - Edit

Permission Sets and Other Technical Documentation

FAM - Business Analytics Fields - Read

FAM - Journal Fields - Read
Permission Sets Removed in Spring 2023
Permission Set Further Information
Fixed Asset Management - Accounting Fields Permission Sets and Other Technical Documentation
Fixed Asset Management - Business Analytics Read Access
Fixed Asset Management - Journal

Fields

Fields Added in Spring 2023
Object Field Further Information
  • Asset Group
  • Fixed Asset
 Accounting Company
  • Asset Group
  • Asset Sub-Group
  • Fixed Asset
 Accumulated Depreciation GLA
Depreciation GLA

Fixed Asset GLA
Payment GLA
Journal Depreciation Schedule Journal Fields
Fixed Asset

Automatic Journal Creation

Upgrade Steps

To start using this feature in Spring 2023, complete the necessary upgrade to enable and configure the dependency between Fixed Asset Management and Accounting from the Feature Console. For more information, see Enabling Accounting Integration.

New Depreciation Method - Half-Year Convention

We have added a new method to calculate depreciation schedules for a fixed asset, Half-Year Convention.

Upgrade Steps

To start using this feature in Spring 2023, take the following action.

Upgrade Steps for Spring 2023
Action Further Information

To start using the Half-Year Convention depreciation method in Spring 2023, enable the FAM Depreciation Methods Install/Upgrade feature in the Feature Console. This feature ensures all depreciation methods are available in your org.

Note:

If you have already enabled this feature in a previous release, revert it, and then enable it again. This adds only the depreciation methods that are not yet available in your org.

 FAM Depreciation Methods Install/Upgrade

Miscellaneous Improvements

We have introduced multiple improvements in the Spring 2023 release of Fixed Asset Management. For more information, see New Features and Enhancements in Fixed Asset Management Spring 2023.

New Fixed Asset Status "Fully Depreciated"

Upgrade Steps

To start using this feature in Spring 2023, take the following action.

Upgrade Steps for Spring 2023
Action Further Information

Add the Fully Depreciated value to the Status field on the Fixed Asset object.

 What Can I do at Each Asset Status?

Preventing Asset Cancellation or Disposal while Generating or Exporting Depreciation Schedules

Upgrade Steps

No upgrade steps are required to upgrade this feature to Spring 2023.

Faster Generation and Exporting of Depreciation Schedules

Upgrade Steps

No upgrade steps are required to upgrade this feature to Spring 2023.

Deprecated Elements

This section details the items that have been deprecated in this release and will be removed in a future release.

Deprecated Feature Console Features

Feature Deprecated in Spring 2023
Feature Further Information
FAM Publications and Subscriptions This feature is part of the Fixed Asset Management to Accounting Journals Integration that has been deprecated in this release.

Deprecated Bundles

Bundles Deprecated in Spring 2023
Integration Further Information
FAM_FFA_GLAExtraFields These bundles have been deprecated and removed in this release and their functionality has been migrated to the Accounting Integration. For more information, see Enabling Accounting Integration.
FAM_FFA_GLAExtraFieldsVal
FAM_HelpPages.forcebundle