Change asset entry date .

RiyadBaker
RiyadBaker Member Posts: 10
edited 2009-08-23 in NAV/Navision Classic Client
Hi all.
I have question regarding the fixed assest module .

I have asset which is post on wrongly on 01/01/2008 ,depreciation done for this asset across five period .
Now is possible to change the entry date to 31/12/2007 instead of 01/01/2008.

Please Advise .

Comments

  • ssingla
    ssingla Member Posts: 2,973
    Can you provide the following information:
    a) Is FA depreciation book integrated with G/L.
    b) Which option you used for booking acquisition cost of FA i.e. whether Purchase Invoice or Journals.
    c) Is the financial year closed.
    CA Sandeep Singla
    http://ssdynamics.co.in
  • RiyadBaker
    RiyadBaker Member Posts: 10
    Thanks for your prompt reply .
    Here is the answers in []
    a) Is FA depreciation book integrated with G/L.
    [Yes]
    b) Which option you used for booking acquisition cost of FA i.e. whether Purchase Invoice or Journals.
    [Purchase Invoice]
    c) Is the financial year closed.
    [Yes its closed for 2007]
  • ssingla
    ssingla Member Posts: 2,973
    You need to do the following :
    a) Reverse the Depreciation entry.
    b) Post a credit memo for the FA on 010108.
    c) Create a new fixed asset card.
    d) Re-post the transaction with the new FA card on 311207

    You can also use the same FA card but I would recommend to use a new FA card.
    CA Sandeep Singla
    http://ssdynamics.co.in
  • RiyadBaker
    RiyadBaker Member Posts: 10
    ssingla...Thanks Indeed .
  • poststation
    poststation Member Posts: 17
    Do we have any quick way instead of reverse all the depreciation entries? thanks
    Michael

    Navision Consultant
  • ssingla
    ssingla Member Posts: 2,973
    AFAIK "No"
    CA Sandeep Singla
    http://ssdynamics.co.in

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