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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Booking existing asset...
Small and medium business | Business Central, N...
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Booking existing assets in FA register after moving to BC

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Posted on by RM-29041136-0
Hello All,
 
We recently moved to Business Central from another accounting software. We moved only the final balances for each G/L account. Now we are looking into setting up the FA register for all our assets but how can this be done without acquiring a new asset? If I create an asset (in the FA register) on the remaining amount, then it will overstate the G/L balances that we moved to BC. 
 
Is there any workaround to create existing assets?
 
Any help would be much appreciated!
 
Thanks!
Categories:
Dynamics 365 Business Central
Dynamics 365 Business Central
Dynamics 365 Business Central
  • Suggested answer
    Jun Wang Profile Picture
    Jun Wang 7,440 Super User 2024 Season 2 on at
    Booking existing assets in FA register after moving to BC
    just add that perform step 3 when you validate the previous steps have been done properly. after turn of the integration button, you will be able to acquire fixed asset and related transactions hitting both subledger and gl. those should be new FA acquired after going alive. 
     
    I would suggest to have your partner do this to ensure success.
     
    Jun Wang
  • KasparsSemjonovs Profile Picture
    KasparsSemjonovs 4,011 Super User 2024 Season 2 on at
    Booking existing assets in FA register after moving to BC
    Agree to Valentin's mentioned steps of action.
  • Suggested answer
    Valentin Castravet Profile Picture
    Valentin Castravet 25,186 Super User 2024 Season 2 on at
    Booking existing assets in FA register after moving to BC
    Essentially, you would post the fixed asset values only to the fixed asset subledger, without posting to the GL:
     
    1. In your depreciation book turn off GL integration
    2. Post the fixed asset opening balances using the Fixed Asset Journal, not the Fixed Asset G/L Journal. This will post the balances only to the fixed asset subledger, and not to the GL as well.
    3. In your depreciation book turn on GL integration
     
  • Judy Profile Picture
    Judy Microsoft Employee on at
    Booking existing assets in FA register after moving to BC
    Moved to Business Central Forum.

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