Fixed Assets - EBS (MOSC)

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Amortized Adjustment Incorrectly set in Tax book

edited Oct 16, 2017 5:01AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

Hello Everyone,

We found out that more than 500 of the assets in Tax books have amortized adjustment box checked because of periodic mass copy from corporate book with amortized adjustments for those assets and because of incorrect set up in Book Controls in tax books for Amortized adjustments. We didn't want them to be amortized in tax books.These are assets since 2014. Another problem is that they have incorrect depreciation method. I did mass change for these assets to new depreciation method so depreciation since 2014 was adjusted as per new depreciation method but it is still being amortized instead of

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