Dear All,
I purchased fixed asset through procurement .
i have selected new fixed asset check box and post all everything is done.
fixed asset created acquisition transaction updated in that asset vendor balance updated .
but there is outstanding balance in fixed asset clearing account.
my entries are like below
Product receipt
purchase accrual Cr
Fixed asset clearing Dr TYPE PURCHASE EXPENDITURE -UN INVOICED
=======================
INVOICE
purchase accrual Dr
Accounts Payable Cr
fixed asset clearing Cr type PURCHASE EXPENDITURE -UN INVOICED
fixed asset clearing Dr type purchase expenditure Expense
======================
asset level(sub ledger) amount updated but in main ledger level not updated.
item model group is service
please guide me .
Thanks
Regards,
Ashok
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