Cost centre for asset cost w/o account — Cloud Customer Connect
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Cost centre for asset cost w/o account

Summary:

Hi,

We have a requirement to change the cost center for w/o account which is debited for expensed assets. We are going to derive it from cost center on depreciation expense account in assignment window. I see it worked just fine. Please confirm if the approach looks ok to you.

  1. Created a custom subledger journal entry rule set for event class addition. Activated it.
  2. Assigned the seeded account rule 'Asset Expense Account Cost Center Segment with Payables Check' to function segment value which is our cost center.
  3. Created a custom accounting method. Under assets application, end dated the rule set assigned to additions event class and entered a new record with custom rule set assigned to additions event class.

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