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.
- Created a custom subledger journal entry rule set for event class addition. Activated it.
- Assigned the seeded account rule 'Asset Expense Account Cost Center Segment with Payables Check' to function segment value which is our cost center.
- 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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