• Introducing Dark Mode! Switch by clicking on the lightbulb icon next to Search or by clicking on Default style at the bottom left of the page!

Upload Fixed Asset Beginning Balance

Rauf

VIP Member
I have searched over the blog posts and found that, there is no standard procedure (using applications) to bulk upload opening balance of Fixed Assets.
One of the link can be found at https://www.jdelist.com/vb4/showthread.php/42216-Fixed-Asset-Beginning-Balance

Now, we are stating Fixed Asset on March 2017. I have two scenarios. But I am not sure which method should I follow:

Method 2016
Directly insert two rows (one row CHCD field = 1 , second row CHCD field = 2) in F1202 table with values in 2016 December period (Net posting 12), and then Year Close Fixed Assets.
Doing so, will update the APYC (Amount - Beginning Balance/PYE Forward ) columns for 2017.
Then run depreciation report for Jan 2017, Feb 2017, and Mar 2017


Method 2017
Directly insert two rows in F1202 table with values in 2017 Feb period (Net posting 02).
Then run depreciation report for Mar 2017.
Doing so, will update depreciation information for 2017 Mar, but it will not update the APYC (Amount - Beginning Balance/PYE Forward ) columns for 2017.

Which method should I do, and why ( I am just really crazy :cool: to know).
 
Top