Fixed Assets - EBS (MOSC)

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How to Capitalize the Asset

edited Jul 11, 2019 7:15AM in Fixed Assets - EBS (MOSC) 11 commentsAnswered ✓

Hi Experts.

Requirement:

I have Asset Invoice in AP with Clearing Account.

Now I want to move this Asset to FA Mass Addition.

Once it is moved, I will would like to create this Asset as CIP Asset

Then I will capitalize the same Asset later.

1. Can i any explain what is the exact Process of creating CIP Asset & capitalize the Asset.

2. In Addition to this, Can any one explain the accounting entries getting generated from AP to FA, CIP, Capitalization of Asset

Thanks in Advance.

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