Hi,
Can i know Fixed Asset acquisition and depreciation financial entries according to posting profiles
Thanks
Hi,
Financial entries will be posted based on posting profile only.
Post FA transaction, go to it’s value model and there in transactions you can see financial entries.
Pranav…
Dear Pranav,
Can you tel me which accounts (ledger accounts)i have to take that time of acquisition and deprecation (ledger,offset accounts)
On Acquisition:
Fixed Asset A/c Dr.
Vendor A/c Cr.
On Depreciation:
Fixed Asset Expense A/c Dr.
Accumulated Depr.A/c Cr.
All this setup is defined in posting profile.
Pranav…
Thanks Pranav