Fixed Assets - EBS (MOSC)

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Fixed Assets revalued

edited Jun 27, 2017 4:32PM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

Hi --

We are in the process of converting one of our facilities assets onto JDE. in my first initial conversion I converted the amounts at their original cost which ties to our GL from last year. In the last couple of months we noticed the new company received a valuation amount and was booked as a lump sum amount. So this year I did an entry to allocate the valuation amount to the assets that I converted in. However, the depreciation formula is not taking into account the valuation amount entry that I booked this year. The depreciation method I am

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