Fixed Assets - EBS (MOSC)

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Asset cretion in new fiscal year

edited Mar 23, 2017 2:55AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered ✓

Hello All,

We have scenario where we could not close year 2016 in system till the audit completed &  final deprecation run for the assets of 2016 , in this case as in system fiscal year is 2016 is open can we crate assets in year 2017? for example we will close year in June year 2016  ( Here 2016 means Apr 2015 to  Mar 2016) & we want to crate assets in year 2017 even we have not c/f balances, not run final deprecation for assets of 2016 .

Please guide us.

Thanks,

Mayank H. PANDIT

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