Is it possible to link Fixed Asset g/l journals to a job no. and budget line?

(0) Share

Report

Posted on by MS-Jules

Hi all

I'm tasked with entering our fixed assets into BC and I'm told it is vital that depreciation g/l entries gets linked to their respective job no. and budget lines. I cant find anything about this so it would be a big help if anyone could tell me if this is possible? and if so how do you manage this?

Thank you in advance - Julius

All responses (4)

Answers (1)

BenDB 45 on at

Like (1)

Report

RE: Is it possible to link Fixed Asset g/l journals to a job no. and budget line?

Yes, agreed.

Using a dimension for your 'Jobs' or 'Projects' won't create a link to the 'Jobs' module. It will basically allow you to do some GL based reporting (Account Schedules, etc.) using the 'Jobs' dimensions.
Verified answer

Dallefeld 11,425 User Group Leader on at

Like (1)

Report

RE: Is it possible to link Fixed Asset g/l journals to a job no. and budget line?

This is a decent work around but the depreciation expense will not show on the Job card.
BenDB 45 on at

Like (1)

Report

RE: Is it possible to link Fixed Asset g/l journals to a job no. and budget line?

I think you could possibly use the dimension functionality by creating a 'Dimension' called 'Jobs' and then applicable 'Dimension Values' for each of your 'Jobs'. You can then add Job Codes to the assets. You can also then use G/L Budgets for budgeting against the 'Job' dimension.
Suggested answer

Dallefeld 11,425 User Group Leader on at

Like (2)

Report

RE: Is it possible to link Fixed Asset g/l journals to a job no. and budget line?

There is no functionality in BC to link depreciation expense to a job. The issue is that there is a potential for double expensing based on job WIP method.