change expenses asset to captiliaze asset
Posted: Tue Jan 08, 2008 7:22 am
how to change from an expensed to captialize asset
Expenses cannot be Capitalized in Fixed Assets.
It can be done only when your Expense Account Segment Qualifier is Asset.
Transfer the Expense Asset from AP using Mass Additions Create Program to Assets.
In Assets, Prepare Mass Additions, Post Mass additions using Capitalize CIP Asset.
Team, Plz correct if i am wrong.
Regards,
Ram