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    Pablo Schenquerman
    Accounting should not be generated for Expense Asset sourced...
    Topic posted June 6, 2018 by Pablo SchenquermanRed Ribbon: 250+ Points, last edited January 30, 2019, tagged Assets, Financials, Payables 
    146 Views, 1 Comment
    Title:
    Accounting should not be generated for Expense Asset sourced from AP in Asset module ?
    Summary:
    Accounting should not be generated for Expense Asset sourced from AP in Asset module ?
    Content:

    For Expense Assets, Why is Accounting generated in Assets module? We are expecting that accounting should not be generated 

    I created a category for the Expense Asset (Capitalize = NO and Depreciate = NO)

    I created an Asset transaction as follow

    Payables Module

    1- Created an  invoice with the Expense GL distribution Account

    2- Checked the track as Asset checkbox. Validated and Posted invoice

    3- Run the Create Mass Additions

    Assets Module

    4- Prepare , Post and Create Accounting for the Assets

    Accounting was created for this Asset (Debit Asset, Credit Clearing)

    For Expense Assets, Why is Accounting generated in Assets module? We are expecting that accounting should not be generated 

    Thank you

    Pablo

     

     

    Comment

     

    • Becky Alvarez

      Look at your SLA rules.  Most likely you have setup accounting rules for FA so in step 4 in your above flow, Create Accounting in FA has some SLA rules that are being executed and updating the accounting.