Fixed Assets - EBS (MOSC)

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How to add an asset to a corporate book in the year of addition with YTD expense not equal to the A/

edited Dec 17, 2015 12:53PM in Fixed Assets - EBS (MOSC) 6 commentsAnswered ✓

  Has anyone developed a work-around to "transfer" an asset between corporate books in the year placed in service while maintaining the YTD expense that was incurred in the first book?

Since there is no transfer functionality between corporate books the asset must be retired in the first book and added to the second. We do not consider the partial year assignment in the first book to be a mistake, the depreciation
expense that was recorded in that book was correct at the time it was recorded but the asset now needs to be moved to a different book. We do not want to enter the NBV with a reduced life in book two, we wish to maintain the true

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