FA Question

Hello,

Can you please clarify if there is any better approach for the below scenario than adjusting through JE in GL ?

1) Transaction was created in AGIS and Invoice was created in AP (from AGIS) in Mar-12. The Invoice Distribution has has FA Clearing Account.

2) FA period for Mar-12 was closed at this point.

3) By mistake, user created a manual Asset for the above information in Mar-12.

4) In Apr-12 through Mass Additions program above Invoice was transferred to FA and it was capitalized.

Now we have 2 assets with same information and depreciating twice. This affected the Financial Reports.

In May-12 we retired the manual asset so that system will not calculate further Depreciation. However, the Asset Cost, Clearing and Depreciating numbers are still incorrect (based on previous months),