How can I split an asset in the current year that was fully depreciated in a prior closed year

  • 5 February 2024
  • 0 replies

Userlevel 1

When we try to split an asset that was fully depreciated in a prior closed year/period, Acumatica tells us we cannot do this without opening up the periods all the way back to the “Last Depreciated Period” of the asset. Unfortunately opening a submodule like FA also opens the GL periods which is undesirable in this case. Considering no GL entry gets posted as the result of the split we are doing, we are not sure why Acumatica stops us from processing a split back in time to a closed period. Other than opening the FA submodule and GL periods, is there a way to accomplish splits to prior year fully depreciated assets without having to do this?

0 replies

Be the first to reply!


About Acumatica ERP system
Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
© 2008 — 2024  Acumatica, Inc. All rights reserved