New assets upload effective a date in the previous month
Hi
We need to upload some fixed assets acquired through an acquisiton. These assets need to be added effective 01 April 2010.
These assets have not been uploaded as the detailed listing is pending. For the month of April an estimated depreciation entry will be entered as a journal entry.
The list is expected in May 2010.
1.Do we need to keep the depreciation period open so that the new assets can be loaded and depreciation calculated from April 2010
2. Or we can close April 2010 by running depreciation for existing assets and a journal entry for depreciation of the additional and load these assets in May 2010
We need to upload some fixed assets acquired through an acquisiton. These assets need to be added effective 01 April 2010.
These assets have not been uploaded as the detailed listing is pending. For the month of April an estimated depreciation entry will be entered as a journal entry.
The list is expected in May 2010.
1.Do we need to keep the depreciation period open so that the new assets can be loaded and depreciation calculated from April 2010
2. Or we can close April 2010 by running depreciation for existing assets and a journal entry for depreciation of the additional and load these assets in May 2010
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