December 2018
Intermediate to advanced
764 pages
31h 47m
English
Migrating fixed assets is a bit tricky. Here, we are not talking just about the assets that have pending depreciation but all of the active assets in the company. Two types of entries have to be posted—cost and depreciation. Plus, there's more than one account involved with a singular asset. You can post the fixed-asset entries from two different journals:
We'll now explain how to post the fixed-asset entries using the fixed-asset journal. Accounting entries related to them will be posted when importing the accounting balances ...
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