Fixed Assets - EBS (MOSC)

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Amortization in TAX books restrict in CORPORATE books

edited Apr 30, 2016 5:06AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

Hi ,

While amortizing an asset in CORPORATE books we have an option to restrict the same in TAX books at the Book Controls.

But by mass change or by some other means if we amortize an asset in TAX book how to restrict this amortization into STAT?

We recently did a Mass change on TAX books with amortization from 01-Jan-2016.

After this change when we are reclassifying asset to a new category using Mass Reclassification we are getting an error

You cannot expense an adjustment to an asset for which you have amortized an adjustment.

There is no history of any Amortization on the STAT book.

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