Recategorization Issue
1. Asset cost is $1000. The depreciation is 600. The asset is recategorized from category A to B with INSERVICE DT and accounting dt as current period The cost accounts are A = 10000, B = 100001. Accumulated Depreciation accounts A = 170000 and B = 1700001. 2. This should have resulted in 2 entries. Cost entries - A/c 1000000= -10000 and 100001 = 1000. 3. But, in this scenario the cost entries were created and the Accumulated entries also get created. i.e - Cost of 1000 moved from 100000 to 1000001 and the Dep A/c - 170000 = -600 and 1700001 = 600 .