Fixed Asset Mapped to a another G/L Account

Shoeb Kanpurwala Feb 27, 2012 4:00 PM

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Hi All,

We currently have asset class 4313 Software WIP mapped to G/L 24303. Fixed asset user is wanting this mapped to a another (New) software wip G/L Account . I wanted to understand if there is any issue with this ? . Also, what is the impact of changing the mapping when values are currently in the G/L 24303 account. Is this simply a remapping that the value in place

will move to the new g/l or does the value only go to the new account for new entries and we need to manually move the other values?

Please help

Thanks

Re: Fixed Asset Mapped to a another G/L Account

Narasimhulu Konnipati Feb 27, 2012 4:04 PM (in response to Shoeb Kanpurwala)

Currently Being Moderated

You can re-map it in AO90

But.....if you want the old GL Accounts values also, just transfer them once you map the new GL.

Until you transfer, the old values remians with OLD GL Account. New values will be updated in New GL Account once you map it.

Thanks
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- Re: Fixed Asset Mapped to a another G/L Account
  
  Shoeb Kanpurwala Feb 27, 2012 4:08 PM (in response to Narasimhulu Konnipati)
  
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  Thank you very much for your response, I would appreciate if you expalin me the steps involve in this process.
  
  Thank you again
  
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  - Re: Fixed Asset Mapped to a another G/L Account
    
    Narasimhulu Konnipati Feb 27, 2012 4:17 PM (in response to Shoeb Kanpurwala)
    
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    AO90
    
    Account Determination - Select the WIP Asset Class
    
    Double Click on Balance Sheet Accounts
    
    Acquisition:Acquis. and production costs - Here replace the New GL
    
    and Save
    
    Thanks
    
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    - Re: Fixed Asset Mapped to a another G/L Account
      
      Shoeb Kanpurwala Feb 27, 2012 4:27 PM (in response to Narasimhulu Konnipati)
      
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      Thanks issue resolved
      
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