I was creating a Fixed Asset Acquisition through Purchase Order. GL Parameter is to allow acquisition from Accounts Payable.
I first created a Fixed Asset in Fixed Asset Details then I used it in PO by picking it in Fixed Asset Tab of PO lines. The unit cost is Php 22,000.00
I post the packing slip and all the posting in the voucher is correct.
My question is when I post the invoice, the posting in the ledger account assigned for acquisition is now Php 19,750.00. But when you look at the Fixed asset details, the acquisition cost is Php 22,000.00.
There is no other setup for discount, tax or miscellaneous charges that’s why I’m wondering why the amount is changing.
Can anybody help, please?