Open Forum

Hi @Cinia Hernandez

THEORETICALLY, you can alter the FA posting in the G/L and then post it, but I DO NOT RECOMMEND THAT.

If it is, indeed, an FA Add that is wrong you may have to retire and re-add the asset to ensure that FA and GL stay reconciled.

You would retire the incorrect assets at 100% and then re-add them and run FA Posting again.  This is assuming no Accum Depr or Depr has been run on the asset.

However, you can always go ahead and post the FA TRx in GL and manually reclass as well, but you'd still want to fix the accounts in the Accounts area of the Fixed Assets so that they code correctly upon retirement and to ensure they are going to hit the right Accum Depr and Depr accounts when you process future FA Postings.

You have a few options to choose from so it really is up to you how to proceed.  ​

------------------------------
Jo deRuiter
🌟 GPUG ALL STAR
💫Granite Award Winner
Atlanta Chapter Leader
Aisling Dynamics Business Solutions
Business Applications Practice Manager
jo.deruiter@aislingdynamics.com
9518674366
aislingdynamics.com
------------------------------

Original Message:
Sent: Jan 23, 2023 05:55 PM
From: Cinia Hernandez
Subject: Fixed Asset Module

Hi,

Hi,

I have a question with regard to fixed assets, in the FA module.

The items added to fixed assets were coded incorrectly and were posted on the FA GL posting but not in the GL. Can it be fixed or deleted?

Please advise.

Thanks

--

Cinia Hernandez

Controller

ptcb.org | Direct: 202-888-1696

Have questions? Visit our Help Center!

CONFIDENTIALITY NOTICE: This email may contain PRIVILEGED AND CONFIDENTIAL INFORMATION intended only for the individual(s) named above and any dissemination or copying of this e-mail by any person other than the intended recipient of this email is strictly prohibited.

Original Message:
Sent: 1/24/2023 7:30:00 AM
From: Jo deRuiter
Subject: RE: Fixed Asset Module

Hi @Cinia Hernandez

THEORETICALLY, you can alter the FA posting in the G/L and then post it, but I DO NOT RECOMMEND THAT.

If it is, indeed, an FA Add that is wrong you may have to retire and re-add the asset to ensure that FA and GL stay reconciled.

You would retire the incorrect assets at 100% and then re-add them and run FA Posting again.  This is assuming no Accum Depr or Depr has been run on the asset.

However, you can always go ahead and post the FA TRx in GL and manually reclass as well, but you'd still want to fix the accounts in the Accounts area of the Fixed Assets so that they code correctly upon retirement and to ensure they are going to hit the right Accum Depr and Depr accounts when you process future FA Postings.

You have a few options to choose from so it really is up to you how to proceed.  ​

------------------------------
Jo deRuiter
🌟 GPUG ALL STAR
💫Granite Award Winner
Atlanta Chapter Leader
Aisling Dynamics Business Solutions
Business Applications Practice Manager
jo.deruiter@aislingdynamics.com
9518674366
aislingdynamics.com
------------------------------

Original Message:
Sent: Jan 23, 2023 05:55 PM
From: Cinia Hernandez
Subject: Fixed Asset Module

Hi,

Hi,

I have a question with regard to fixed assets, in the FA module.

The items added to fixed assets were coded incorrectly and were posted on the FA GL posting but not in the GL. Can it be fixed or deleted?

Please advise.

Thanks

--

Cinia Hernandez

Controller

ptcb.org | Direct: 202-888-1696

Have questions? Visit our Help Center!

CONFIDENTIALITY NOTICE: This email may contain PRIVILEGED AND CONFIDENTIAL INFORMATION intended only for the individual(s) named above and any dissemination or copying of this e-mail by any person other than the intended recipient of this email is strictly prohibited.