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Sep 02, 2020 at 09:34 AM

From Cost Center to Internal Order

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Hello guys,

I settled an AuC transaction into fixed assets in 2015 using the fixed asset's cost center and the asset is now fully depreciated. We recently discovered that the AuC transaction should have been done using the project's Internal Order number instead of Cost Center. The asset is in the right asset class but our budget reporting was distorted because we used Cost Center to settle instead of Internal Order. Question: How can we reverse the transaction from Cost Center into Internal Order? We don't mind doing the correction in the current year.

Thank you,