Asset Lifecycle Management - PSFT (MOSC)

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Merging IT non-capitalized Assets with capitalized Assets

edited Jan 16, 2013 7:10AM in Asset Lifecycle Management - PSFT (MOSC) 2 commentsAnswered
We are in the process of considering including non-capitalized Assets with capitalized Assets.  The business is concerned about the increased amount of work when interfacing the IT Assets through the interface FIN and PHYA tables as well as concerns about increased work when trying to balance the Cost and Depreciation data when mixing the two types of Assets. 

I would appreciate it if anyone has experience in merging the two types of Assets. What was the business impact?  Did it require additional personnel to track and process the IT assets?  Did it make balancing the period for Cost and Depreciation any more complicated?  Any accounting impacts when processing journals to GL from AM.  Any documentation on the approach to merging the two would be helpful as well.

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