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author's profile photo Former Member
Former Member

Asset Conversion - Insurance values

Hi,

We are planning for an insurance book in our new implementation. My question is regarding Insurance values. We will cutover in the first week of 01/09. We will take legacy values as of the completed fiscal year 12/2008. Regarding insurance values - there is a requirement to calculate or store values for the previous fiscal years - several years back. Remember we are converting as of 12/2008. Can we load "manual" values for previous fiscal years as part of AS91??? We are not loading all of the APC values for the previous years nor do we plan on closing those years. Any input is appreciated.

Bill

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 18, 2008 at 07:37 PM

    Hello

    Insurance values do not change with fiscal year.

    When you upload asset values, ensure insurance amount is also captured in the upload file.

    You can always enter the values manually for previous year also.

    Pls check it out in sandox.

    Reg

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    • Former Member

      Hi Suresh, Thanks for the reply. Unfortunatly we don't have Sandbox access this week. My thinking is that if We set the "Manual" insurance indicator for each yr prior to 2008 we could load values during AS91. Keep in mind we need to go back to the year "1900" and we would not load any APC prior to 2008. Is this what you were thinking?

      Thanks,

      Bill

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