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Hello, 

 

Is it possible to add value (to change the future acquisition value) in an object with Investment status?

 

E.g.: If we’re some building under construction, we’re paying instalments and by the time of activate the fixed asset object we want the acquisition value to be the full amount.

 

Thanks in advance

Hi, 

During the time when an asset is in the “investment” status we are in the acquisition process for an asset. You can have 1 acquisition transaction or many.  Construction is the perfect example, as your probably going to have many acquisition transactions - maybe hundreds.  

Your acquisition transactions need to post to the objects acquisition account, and fixed asset object ID.  Ideally use the same code string on all acquisition transactions (else you need a setting that will allow this). Then after all of the acquisition transactions, you can activate the object and IFS will total all of those transactions to create the acquisition value. 

Hope this helps. 

Best regards, 

Thomas. 

Thanks for your answer @Thomas Peterson !

Is there a way to check the amount increase? I.e., after some transactions check how much is the asset worthing?

Thanks once again!

Hi, 

The data is always in IFS General Ledger.  You can query the acquisition account and FA object ID. 

Hi @Luiz R 

 

You can also use windows “Object Transactions Analysis” and “Object balance Analysis” to see the balances/ transactions in detail.

 

Best Regards,

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