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Former Member
Aug 03, 2011 at 08:14 AM

Transaction Type Question

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Hi everyone,

I hope someone can help me out.

We have a transaction type XY1 for transfers. However this is setup under Retirements because the company processes "manual" intercompany transfers using ABSO (instead of ABT1N, therefore no intercompany documents).

Whenever our user processes this transfer for assets, the system "retires" the balance of the asset as of the beginning of the current year, not the balance as of when the transaction is posted.

Example:

end of 2010/Jan 2011 NBV is 1306.17 (accum dep for 2010 is 56.79)

by end of June 2011, NBV of asset is 1135.80 (as of accum dep is 227.16)

So during processing in ABSO using XYI (transfer prior yr), entries are:

Cr. asset 1,362.96-

Dr accum dep 56.79

Dr suspense account 1,306.17

What is the config in the trans type that determines this? Why does the system take the beginning balance as of Jan 2011? Why not the balance as of June 30?

Expected output should be:

Cr asset 1,362.96-

Dr accum dep 227.16

Dr suspense 1,135.80

I appreciate any help you can give me. Thanks.