Hi, I have filledup the acquistion date as original date. But after import, when you go for acquistion, the system gives the date as 01/01/2006. As you told may be my first period is from 2006. So If I keep period much before it will take accordingly. . But this date is taken as "Acquistion date" after posting the journal but the "Depreciation run date" is same as I kept in the excel sheet(In my case , say 10/01/1981). I afraid this may lead cofusions for the users, right?
Regards, GR. --- James Flavell <[EMAIL PROTECTED]> wrote: > Hi > > It is fine to load up assets as they oringally were > and run aquistion and > depreciation for these. The only thing is you will > need ledger periods > going back however far you want to post back in time > (even if you setup your > profile to debit and credit the same GL account). > > Not sure why you are getting 1/1/2006 but have you > filled in the right > aquistion date on the asset? Is 1/1/2006 the first > ledger period you have > in your system? > > > -----Original Message----- > From: Axapta-Knowledge-Village@yahoogroups.com > [mailto:[EMAIL PROTECTED] On > Behalf Of G > Radhakrishnan > Sent: 31 July 2007 10:15 > To: Axapta-Knowledge-Village@yahoogroups.com > Subject: Re: [Axapta-Knowledge-Village] Re: Fixed > Asset - Acquistion > > Hi, > Thanks a lot for your explanation. Can you please > tel > me something on the following points; > > 1. What do you mean by "last acquistion date" ? Is > there any field available in this name ? Or u mean > to > say the "acquistion date" when you run the > acquistion > journal for the first time?i.e., immediately after > import of assets. > > 2. What did you do with the "Conversion" profile > Chart > of Accounts after the acquistion and the > depreciation > till 31/12/2006. Because , these are just dummy COAs > and will remain in the COA. > > 3. It is good that we will have the actual > acquistion > price; but I fear that the recent Assets; say assets > acquired during 2001,2,3 will be having the > acquistion > date as 31/12/2006. So in a long run, say after 3 or > 4 > years, users should not think that the asset is > acquired during 31/12/2006 having the service life > say > 19 years instead of actual 25 years..am i correct ? > > I did a piolet run yesterday on some assets of 1981. > System does the following. > > Scenario is as follows- > Asset dated 1981. > Actual service life 25 years > Depreciation Method - Reducing balance > Depreciation frequency - Yearly > > After import,I acquired assets through GENERAL > JOURNAL-Fixed asset journal - Acquistion proposal. > > System keeps the posting date as 01/01/2006. (Here , > I > didnt understand,why the date is coming as > 01/01/2006 > iinstead of anyother date or it is not asking for > acquistion date) > > Posted all assets. The acquistion date is updated as > 01/01/2006 where as the "Depreciation run date" is > the > date which i imported say 10/01/1981. > > I run depreciation after above step. System did the > depreciation starting from 1981 till 2006 perfectly > and it is posted on the respective posting profile. > Now the "last depreciation run date" is 31/12/2006. > > Note that the service life remaining is automaticaly > changed ; we need not put it manually. > > > Is the above steps are fine ?? Expecting your reply > reply pleaseeeeeeeeee > > Regards, > GR. > > > > --- novembercalendar <[EMAIL PROTECTED]> > wrote: > > > We implemented FA as of 12/31/2006. On our > existing > > assets, we used > > the original acquisition date w/original acq amts, > > original service > > life, acq dates, & depr run dates. When we > imported > > the assets, we > > used 12/31/06 for the "last acquisition date" and > > for the "Date when > > depreciation was last run". For service life > > remaining> entered > > life remaining after 12/31/06 depreciation. > > > > Using 12/31/2006 for the last acquisition date > > allowed us to create > > acquisition proposals/journals dated 12/31/06. > > Then, for the next > > time depreciation proposals are generated, the > > system automatically > > uses the next month's date. > > > > We set up a temporary profile called "Conversion" > to > > have all the gl > > activity go in & out of one account, since GL > > already had balances > > representing the asset values. > > > > We uploaded, via Atlas, accumulated depreciation > > balances thru > > 12/31/06 - posted the entry with a 12/31/06 date - > > also using the > > conversion profile. > > > > Our IT department than ran an sql for us to change > > the assets' > > profile from Conversion to the profile now used > for > > ongoing > > transactions. > > > > The benefit of loading original assets is for > > reporting accurate > > results... If you were to only load the net book > > value, usually in > > accounting, the original cost is recorded in one > > account, and the > > accumulated depreciation in another, it would be > > difficult to > > reconcile. > > > > Hope this helps! > > > > > > > > > > > > > > > > > > > > --- In Axapta-Knowledge-Village@yahoogroups.com, > > "KamaRaju Vudata" > > <[EMAIL PROTECTED]> wrote: > > > > > > Hi, > > > > > > > > > > > > I am also having the same issue. Can anyone help > > me asap as my > > > implementation date is nearing. > > > > > > > > > > > > > > > > > > Thanks in advance > > > > > > > > > > > > _____ > > > > > > From: Axapta-Knowledge-Village@yahoogroups.com > > > > [mailto:[EMAIL PROTECTED] > > On Behalf Of G > > > Radhakrishnan > > > Sent: Monday, July 30, 2007 5:09 PM > > > To: Axapta Group > > > Subject: [Axapta-Knowledge-Village] Fixed Asset > - > > Acquistion > > > > > > > > > > > > Hi Gurus, > === message truncated === ____________________________________________________________________________________ Boardwalk for $500? In 2007? Ha! Play Monopoly Here and Now (it's updated for today's economy) at Yahoo! Games. http://get.games.yahoo.com/proddesc?gamekey=monopolyherenow
