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Different Accounts for Multi-Year CIP Assets

edited 5:33PM in Assets 1 comment

Summary:


Content (please ensure you mask any confidential information):

Our client has a business need to use a different natural account when capitalizing a Multi-Year CIP Asset, depending on what year the CIP Asset source line was added in Fixed Assets.

E.g. If a $1M CIP Asset is being capitalized this fiscal year (Year 2):

If Source line 1 was added in Fiscal Year 1, the natural account being debited should be Natural Account A $600K

If Source line 2 was added in Fiscal Year 2 (this current fiscal year), the natural account being debited should be Natural Account B $400K


Is there a way to do this with Fixed Assets SLA rules?

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