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Former Member
Nov 07, 2012 at 12:33 AM

Change Legacy Asset Transfer Date

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Hi,

Are there any issues if we change the Legacy Asset Transfer Date?

We went live in June 2008 and asset transfer values were loaded as of June 2008, the issue is the Legacy asset transfer date was set to DEC 2009. Not sure why someone selected this date.

The issue is, many assets have incorrect Tax (Non-Book) accumulated depreciation. I want to open 2008 Asset and FI and Write-up/Write-down with asset value date in 2008.

Is there a any recommended procedures/'caution' ? Can i change the legacy transfer date? We are using ECC 5.0

Thanks.