One of the top customer questions we receive in the Fixed Assets area is about starting to use Fixed Assests instead of General Ledger.
For example, a company wants to start using the Fixed Assets module from the 1st of January 2002. Acquisitions and depreciations have been posted in the general ledger until the 31st of December 2001. Fixed assets are created in the following way:
- Henrik Sonne
Remember, Whatever product you are using for Fixed Asset management, it is critical to conduct an audit or Physical Asset Inventory to validate your General Ledger and Asset program are Actual.
Could you please tell me how to associate the depreciation amount to a job number (Job System). When we use this functionnality, the job number never gets saved in the general ledger.
I have made a write down entry in the Fixed Asset Journal, but now the sub ledger does not match the general ledger by this amount why? The book value is correct but when printing FA sub ledger report, it is not in balance. What am I doing wrong??
That's really helpful.
Thanks for posting this.
I face "When G/L integration is not activated, Acquisition Cost must not be posted in the general journal." this issue, Then I came to know that in "Depreciation Book Card", acquisition cost and depreciation were disabled in G/L integration column. When I enabled them, issue was resolved. :)