Add Value to an asset under construction expense was in prior year

[patricia_negron]

We use internal order to collect all expenses of assets under construction.

IO has a settlement rule to settle to a AUC.

Expenses were made in the prior year without using IO, How can we add these values to the AUC?

[TammyPowlas]

Since last year should be closed, perhaps create a journal entry to expense it to the internal order (credit the other side) and then re-settle to the AuC in the current year? Please review this with your accountants.

[patricia_negron]

Thanks, will try your suggestion