MKMerkel 4/18/2014 7:45:03 PM

Fixed Assets

We have an asset that is showing "Partially Open".  It looks like it was partially retired but the remaining cost never was depreciated.  Can we retire an asset then re-enter the asset as a new asset? If so, when entering the new asset, we will be using the original in-service date. When we run the depreciation and post to the GL (to “catch-up” depreciation expense) then we will delete the JE that was generated by the posting. Will this cause any problems? Will the new asset reflect the correct depreciation going forward?

 

Version: GP 2010
Section: Dynamics GP


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