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Change the Fixed asset Book, in a Fixed Asset Reclassification

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Posted on by Victor Romero

Hello Community,

When I run a reclassification of a Fixed Asset,the system changes the fixed asset group, but the books from the original fixed assets remains the same, although these ones are not related with the new group.

Is there a possibility to automatically change the book from the one related to the new group?

Thanks in advance

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Gaurangkumar Jani 4,546 User Group Leader on at

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Hi Victor,

No it's not practical.

As existing book contain the balance of fixed assets system can not transfer to new Book.

Alternative solution:

Scrap the FA and Create new FA based on OLD Details.

Thanks,

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Victor Romero 5 on at

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But then, how should I proceed if I have a book for fixed asset under construction and another for, f.e. buildings? I should reclassify and assign the correct books that allows to depreciate it.

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Gaurangkumar Jani 4,546 User Group Leader on at

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Hi Victor,

In this case you need to use "Fixed Assets Split" functionality.

Please try this one and split entire asset to new Assets.

Thanks,

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saurabh bharti 15,039 Moderator on at

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Why don't you reclassify to new asset number while changing group ?

Did u use recalcification under periodic? or fixed asset group change?

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