Work in progress to depreciation

Hello, how do you move construction in progress (WIP) to a depreciable fixed asset in Financial Edge NXT? I have gone into the asset and changed it from Do Not Depreciate to Straight Line. I have also changed the GL code and service date, however when I run my reports it is still showing up under the WIP (work in progress) and not depreciation. Any help is great appreciated. Thanks!

Answers

  • Patricia Nowak
    Patricia Nowak Community All-Star
    Sixth Anniversary First Reply Kudos 1 Name Dropper

    Hi Lynette, I can walk you through how we do it, but we would need to schedule a meeting. Please reach you if you are interest in setting up a zoom or teams call. Thanks, Patti Nowak

Categories