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Fixed Assets Question

edited Oct 12, 2018 2:06PM in Accounting / ERP 3 comments

Hoping someone has gone through this and has some insight! We have fixed assets that are currently not a part of the Fixed Assets Module that we book journal entries for each month to account for depreciation. We are in the process of importing these assets into the Fixed Assets Module so that the depreciation runs each month the same as the other assets in the FAM. However, we are not sure how to "remove/write-off" the depreciation and asset cost for the legacy assets that have been accounted for through manual journal entries once they are imported into the FAM.

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