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Incorrect asset creation

Former Member

‎2010 May 16 3:55 PM

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If an asset got posted with a transaction type reserved for Asset under construction. what is the best way to correct it? transfer to new asset? retirement and reposting?

Thanks

Ron

2 REPLIES 2
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Former Member

‎2010 May 17 10:21 AM

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401

Hi,

Please do Asset transfer with T.code - ABUMN instead of retirement of asset.

If still any queries, please reply ..I will explain with more details.

Thanks & Best Regards,

M.Ganesan

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Former Member
In response to Former Member

‎2010 May 17 1:34 PM

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401

Thanks Ganesan!

SInce this is wrong posting, and we have not yet run depreciation, Don't you think that we can simply reverse the posting. and then repost with correct transaction type. This way the asset number will stay same.

Thanks

Ron