Fixed Assets - EBS (MOSC)

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Rollback of impairment does not generate reversing accounting entry

edited Aug 10, 2018 9:43AM in Fixed Assets - EBS (MOSC) 5 commentsAnswered ✓

In our test environment, we are testing Capital Projects. I have done an impairment on an asset linked to a capital project.

This works fine and generate the correct accounting entry.

Now I have processed additional costs on the Capital Project.

These cost adjustments can only be processed when the impairment is rolled back.

I expect the rollback to generate the reversing accounting entry, however this does not happen.

Is this expected behaviour? Or there an extra setup step needed?

Tips are welcome

Regards

Reina

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