Dear All,
We are going live on March1, & uploading balances as on 28th feb.
We are having Jan-Dec fiscal year.
I want to know what strategy should i follow for asset accounting? I have two options:
Option 1:
Should i upload 31st Dec. balances in the books & run depreciation for Jan / Feb.? But in that case i am not clear about how to deal with additions / retirements made during jan / Feb?
Option 2:
Should i upload 28th Feb asset balances in the books then in that case then what are required config steps needs to be done?
Please guide.
Regards
Anuj