Hi all,
One of customers need to close an existing company and to merge the site with other company.
In this case, What are the finance processes involved and how fixed assets will be handled?
Regards
Abinesh
Hello
In apps 9, there is no transfer functionality in place. Therefore you can import fixed assets with external file functionality.
You can import current balances from existing company together with acquisition value and accumulated depreciation. In case fixed assets will be solved from old company to new one, then you can import all fixed assets with an acquisition value from the sales invoice.
Use below template to import fixed assets in bulk.
Hope this helps
Userlevel 5
+11
Hi,
it is also relevant
what kind of transfer merger/sell are we talking about and
what functionality is used by this company. To name a few:
- Shop Orders
- Customer Orders
- Purchase Orders
- Projects
- Work Orders
- AP/AR
- Fixed Assets
- Rental…
Keep in mind that depending on what is used and needs to be carried forward from a functional view should finally add up with, the balances carried forward must carry additional information like e.g. project and activity, customer orders and advance payments, Open PO’s and delivered not invoiced item,…
Kind regards
Ralph
+2
Thanks for the info
Incase of solving 100 of assets, from one company to the other what are the steps involved
Regards
Abinesh
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