Accounting entries - Business Users are having trouble understanding what entires should be created
Can someone supply a spreadsheet detailing what entries will be created for the following test cases?
1. We had over a couple hundred reinstatements. We reinstated the assets, then acclerated the deprecatoin and then then we retired the assets again.
2. We had some reinstatments and then transfered the same asset.
3. We had some partial retirements.
4. We had some reinstate, reverse deprecation, and then transfer as well.
My business owners are having trouble reconciling accounts in GL.
Thanks
Fram
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