Sue Bhuvan

04/22/2022, 3:46 AM
Hello, what is the best way to clean up Fixed Assets that a client set up 2 years ago, but never utilized for calculating or creating depr JE or running reports? Basically they've been importing JEs every month instead of using FAM module. Do we create depr JE for all the missed periods and create reversals? Or is there a way to delete everything and start all over without consequences?


04/25/2022, 4:24 PM
the easiest way is to book all depr journals to date and then reverse them. it should bring your client to date. hopefully they will be booking the same amount as in FAM so no reconciliation is required.

Sue Bhuvan

04/26/2022, 3:56 PM
@Karina Thank you.
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