Fixed Asset Split and Disposal Issue
An asset (80310) was uploaded on 31/03/2017 with the following details;
Cost : 66,800.00
Accumulative Depreciation : (25,606.67)
Since then the asset was depreciated for five months (until August) at 556.67 a month to the total of 2,783.35 for five months.
In September(01/09/2017) the asset was splinted in to two in the following manner;
Cost of new asset (80320) : 24,000
Cost of old asset (80310) : 42,800
This split generated the following entries (Doc Type AS) with 31/03/2017 as their GL date. The user insists that this date was not given by him and the current period remained in September.
Doc No : 17000001
- Asset Cost (New Asset 80320) : 24,000
- Asset Cost (Old Asset 80310) : 24,000
Doc No : 17000003
- Accum Depreciation (Old Asset 80310) : 9,200
0