Change FA clearing account

[Kashif Manzoor]

When we are defining the FA setup by mistake we have selected a clearing account as laibilty account.

Now system is not allowing directly create asset from invoice useing mass addition creation....
Can anyone suggest something else....
can any one give me a solution or
can any one tell me how to change clearing account from FA category
i hv already finished master data uplaod to the system

[Omer Ahmad]

If you have selected liability account while creating a Asset category, then you may have to create a new Asset Category with correct Asset Clearing Account. Because you can't delete the existing category which is already in use.

But if this category is not in use by Assets, then you can delete the existing Asset Category, and create the same with correct Asset Clearing Account.

After rectifying the Asset Category and clearing accounts from Asset module, then you have to "discard" the distribution lines in payables module at Invoice level. After discarding the lines, create the new line with same FA clearing account in invoice disribution and then perform the "Create Accounting Program" and "Mass Addition Create Program" respectively in payables module. Now the assets will be available for addition , through mass addition program in Asset module.

[shirfanarshad]

Asset Category Accounts can be changed only before this category is used.
Once an asset is assigned to an Asset Category, the accounts can not be changed.

The Workaround is:
- Create a new category with required accounts.
- Reclassify the existing assets from the problem category to the new category. If there
are a large number of assets, use Mass Reclassification or the Reclassification API

[viggora]

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[viggora]

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