RE: Fixed Asset Legacy entry into NAV
Kami,
You would use the RapidStart Services and Configuration Package. I am guessing your General Ledger has the correct Fixed Asset balances and you are loading the Fixed Asset sub-ledger so you can use FA and perform monthly depreciation entries into the GL. To load the Acquisition, based on what I just notated, you would use the configuration package to Table 5621 FA Journal Line. You will need to populate:
FA Journal Template = Enter Template name ASSETS
FA Journal Batch = Enter your Default Batch
Line No. = increment by 10000
FA Posting Date
Document Date
Document Type = Invoice or Blank
Document No. = Enter the next number in Series
FA No. = Fixed Asset No.
FA Posting Type = Acquisition Cost
Amount = Original Acquisition Amount
NOTE: The Depreciation Book YOU MUST TURN OFF G/L Integration when doing this.
Enter all the records into your configuration package spreadsheet and then Import back into NAV. You will then Apply the Package. All the entries will now appear in the Fixed Asset Journal. You can now Post the Journal.
Keeping the Integration off, you can run Depreciation thru the last closed Accounting Period you manually recorded depreciation thru. NAV will run and calculate the depreciation to the Fixed Asset Journal. You can now post the entry. You can now reconcile G/L Fixed Assets Balances to NAV Fixed Asset sub-ledger. Any difference can be resolved either in the GL or Fixed Asset FA Journal (i.e. Depreciation).
Hope this helps.
Thanks,
Steve
