How to Implement Fix Asset ?
What is the easiest to implement Fix Asset? Let say i'm planning to implement it this month (Oktober), so far
i have uploaded the asset class and account determination using DTW, and then I have upload the FA master until December 2007 using "Import FA master data".
so what is the next step?
I have to add the Assets purchased in 2008, what is the easiest way to do that? Can I upload it? or should i create the FA master and acquisition one by one? and should i leave the Fix Asset mode on transfer during acquisition?
Ivy Zhang replied
Based on your description, it seems the JE of aqusition and the amount depreciated in current year has been posted into G/L.
If so, you can either reverse the JE of purchasing or the JE of Aquisition.
To manually reverse the JE of Aquisition, open the JE generated from Aquisition, and cancel it.
And you still need perform 'depreciation run' which will make system calculate the posted depreciation amount.
You can either reverse the JE of depreciation which you have posted or cancel the JE generated from depreciation run.
The result is the same. Just see which one is convenient for you.
However, please note that 'depreciation run' is run for all fixed assets. So, you have to manually calculate the amount to be revesed for the assets purchased in 2008.
The above steps is to ensure you account balance matched.
I hope this anwsers your questions.
SAP Business One Forums Team