Fixed Assets - EBS (MOSC)

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How to create Additions via Web ADI with YTD Depreciation and LTD Depreciation

edited Apr 26, 2019 5:02AM in Fixed Assets - EBS (MOSC) 2 commentsAnswered ✓

Client needs to split a small amount of Assets into hundreds of assets. Client has CORP and TAX Book

Client intends to:   Set Cost to 0 --> which reversed out the Asset / Asset Clearing Entry and the Depreciation Expense / Accumulated Depreciation Entries.

Client prefers to create new Assets with DPIS in Current Month, so will load calculated split NBV as Cost with remining Life in Months.

A journal will be created to book the historical depreciation.

And then client will do Mass Addition Web ADI with correct Cost, Depreciation Method, Salvage Value, Life in Months. But would also like to enter YTD Depreciation and LTD Depreciation.

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