asset account)… After you save the newly created book class item the distribution button goes away and an ITC/Cost button appears next to where the distribution button was. The Distribution button allows you to see the accounts that will be affected when you save item. This is what we expect to see the first time we go into the book window. So here is the first scenario that has the expected results:Ģ.) Select the class id you want to create an asset forģ.) Fill out enough information to save (acquisition date, dollar amount, descriptions, new, personal)ħ.) Bottom right is a “Distribution” button and the fully depreciated flag is set to N. I have now created 6 test assets to prove that this is occurring consistently. This issue is occurring when we manually create the asset. Unfortunately I can’t get a screenshot to post in here… So let me see if I can provide more specifics: Victoria, we are working with an out of the box FA solution. We need to identify what should be checked after the FA Calendar is created to avoid problems down the road. However, I am unsure what would be impacted in order to confirm that everything worked as expected. I did not find or experience any problems after creating the calendar in the QAS environment. Once the calendar was created, the fixed asset cards auto-added the depreciation data to the fixed asset cardsĪdditionally, per the research I completed, it is highly suggested that a back-up be made of the database prior to creating the FA calendar. I created it in the QAS environment per the instructions I found. Per the research I completed, the fixed asset calendar should be created for the years 1901-2199. Without the fixed asset calendar depreciation data will not fill in on the fixed asset card books which results in the inability to run depreciation and post that to the GL. The calendar must be created for any prior years that have fixed asset additions, and must also be created for any future years that depreciation will exist for based on the assets in place. The only concern I have is the creation of the Fixed Asset Calendar. I have already done testing in the QAS database and I was able to get the correct data on the fixed asset cards and their associated books. My intent is to utilize a macro to import the assets, this will be done in sub-lots which should ensure that any import errors/issues are caught early. We need to input over 3,000 assets in on of our databases. Depreciation stuck? Check table FA01500.Most of the tables will use the Asset Index (ASSETINDEX), not the Asset ID, so link the tables on that. TRANSACCTTYPE (Transaction Account Type):ĭEPRECIATIONMETHOD (Depreciation Method): FA00100 – Asset General Information MasterįA01100 – FA-AP Posting Master – this is where Purchases from the clearing account are stored
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