Investment/Const in Progress (CIP)
Hi,
I would like to know how can I manage const in progress for a fixed asset using FA?
the scenario is: Information from A/P goes somewhere in fixed assets, where I record it for my investment in progress (no depreciation). After I finish the investment, I what to assign this information to a fixed asset for depreciation.
I do not know how well I explained my question.
Thanks.
Paula
the scenario is: Information from A/P goes somewhere in fixed assets, where I record it for my investment in progress (no depreciation). After I finish the investment, I what to assign this information to a fixed asset for depreciation.
I do not know how well I explained my question.
Thanks.
Paula
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