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ByD Fixed Assets class changes- Account determination

Jan 11 at 08:48 AM


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We are in a scenario where thousands of fixed assets are initially under construction, and some of them periodically have to be activated.

Due to this volumetry of master data, we update data with a CSV file.

The problem is that is needed to change the Fixed asset class, but this is not possible if the account determination is different in each fixed asset class and once we buy the fixed assets there is an accounting.

So, we would like to know how we could do a massive change/accounting for all these fixed assets historical cost account.



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1 Answer

Harshal Vakil Jan 12 at 06:12 AM

Hi Jaime,

Changing the fixed asset class in the master data is only possible without posting if the same account determination group is assigned to both the old and the new fixed asset class. No journal entry is generated since the underlying G/L accounts were not changed. You make a transfer posting to a new fixed asset if a fixed asset class with another account determination group is to be assigned to the original fixed asset. A transfer posting is the only way to apply the change of fixed asset class to the schedule of fixed assets. Only transfer postings of fixed assets that were capitalized in one of the previous years are portrayed. Transfer postings of asset acquisitions of the current fiscal year are not shown in the schedule of fixed assets.



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Hi Harshal

Thanks for your help. Do you know then any way to post massive transfers instead of making it one by one?

Because we are in a scenario where classes of hundreds of fixed asset need to be modified.