Fixed Assets - EBS (MOSC)

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Fresh Start Accounting

edited Apr 28, 2010 3:14AM in Fixed Assets - EBS (MOSC) 5 commentsAnswered
 Our company is planning an emerence from Chapter 11 in the near future and will need to apply "Fresh Start" accounting within our PeopleSoft 9.0 environment for Fixed Assets.  Has anyone else had to do this and what method did you take.  We currently have 5 Asset Books (Corp and 4 Tax books).  With Fresh Start we are having our assets revalued and in some cases consolidated/broken out, and the plan is to then re-upload the new asset values to the system.  Just curious if anyone else out there has had to do this and if so, what their method was.

Thanks,

Rich Carter

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