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Loading fixed asset- fixed asset roll foward

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Posted on by Community member

Hi,

Initial import of data fixed asset

our fiscal year start april 2 2023 finish march 30 2024. Ou fiscal calendar was set like this

i have loaded my fixed asset , acquisition date and depreciation. When i click on my fixed asset i see its correctly set acquisition date all before 2023.

When i roll my report called fixed asset roll foward from april 2 2023 to march 30 2024, im expecting to see the amount i loaded in opening balance. But istead , i see them all in period acquisition.

i tested to change the date from january 1 2024 to march 2024. It seems to be working and the amount are put in opening balance.

where do you think the problem come from? I want to see my amount in opening value instead of period acquisition when i run the report fixed asset roll foward from april 2 2023 to march 30 2024

thank you’

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salman ahmad 97 on at

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Loading fixed asset- fixed asset roll foward

Dear please check when you have posted the depreciation & further please also verify the caleneder in the books.
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saurabh bharti 15,029 Super User 2024 Season 2 on at

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Loading fixed asset- fixed asset roll foward

Hi,

I think you are assuming that this report financial periods will work based on your GL calendar but just to check please check on books which calendar is mapped or is there any specifc calendar for fixed asset. If that calendar is Jan-Dec which is different from your GL calendar.
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Ramit Paul 22,293 Most Valuable Professional on at

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Loading fixed asset- fixed asset roll foward

Hi,

Opening balance means the closing balance

Of last period so ideally the posting must not be in 2nd April rather before that date, can you check the transactions showing in period transactions and what is the date for those ?