Allowing fixed asset to be acquired when posting Purchase order product receipt instead of posting invoice
Current behavior
In the current system design, when fixed asset is acquired through purchase order, the posting of product receipt only generates the fixed asset with book status 'Not yet acquired', with no Fixed asset subledger acquisition transaction. On the General ledger side, there ...
Pending vendor invoice cannot be posted - unhelpful error message
In case a pending vendor invoice (without purchase order, without item, with procurement category) has a fixed assent number in the line and the deprecation profile of the book related to the fixed asset has method manual, the error message when posting the invoice simply is "exception...
In Fixed asset module, please allow user to link the major type with a default financial dimension.
Whenever users create a new fixed asset, they need to manually fill the financial dimensions - cost ID, cost centre etc which requiring more time and work from them to perform and monitor the task.
It would help to reduce the human error in the task if the system allows user to link the ...
After running the fixed assets reclassification proposal, the book in the newly created fixed asset remains the same of previous fixed asset group.
Currently when reclassifying the FA under construction to a new FA the values from the FA under construction are taken while the values from the new FA should be taken. After running the fixed assets reclassification proposal, the book in the newly created fixed asset remains the same of previ...
Fixed Asset Split - Adjust Postings
Fixed Asset Split Posting needs a separate posting profile.
For fixed assets that have depreciation in prior (closed) periods, the depreciation has been posted with the following transaction:
Debit to Depreciation Expense (P&L Account that is closed out to E...
Possibility to change depreciation profile durnig fixed assets' life
According to Polish low – The Personal Income Tax Act and The Corporate Income Tax Act user should have an oportunity can modify depreciation profile during the fix assets’ life.
When I try to change depreciation profile: Go to Fixed assets > Fixed assets > Fix...
To assign fixed number with a year prefix which change every year
To auto assign fixed number with a prefix which change every year and then running number. Such as FA20240000001 for year 2024 and FA20250000001 for year 2025
After the feature “Create separate voucher number for journals line related to automatic depreciation adjustment, split transaction”, was on by default with version upgrade 10.0.41 our client has reported an issue for voucher imbalance error when trying to.
Repro steps:
Switch Entity: USMF
1) Go to Feature management >> select the Feature >>
The fixed asset posting profile should require two separate GL accounts: one for the profit and another for the loss on disposal or sale
Customer request is to have two separate GL accounts in the Fixed Asset (FA) posting profile—one for recording asset losses after the disposal of sale and another for profit. As there is a limitation in the current functionality, which only allows a single GL account to be designated for both ...
Perform automatic transfer for Fixed Assets in all derived books and layers, and that inherit financial dimensions
When a Fixed Asset is transferred with different derivative books and layers, the transfer of the financial dimensions must also be carried out in all the derivative books and layers, for their correct balance.
Since the transfer is not currently transferring for the derivativ...