When entering sale of pooled assets, if the pool balance goes negative, this pool balance is carried forward to next year and then negative depreciation is calculated. Can this please be fixed in the software.
The current work around is to sell the asset for the pool balance and then jounral the remainding balance of the sale to profit on sale.
Software is suppose to make our live easier.
We are having the same issue even if the asset is not consolidated. the negative pool carries to the next year and calculates negative depreciation!
This is by design.
The lowest the pool balance can go is to zero.
The remainder of the balance is journaled as the profit on sale of the pool.
Hi,
We have further confirmed the issue we are having is where we are converting MAS/AST to AE Ledger Assets. In that case the converted ledger is coming over as a negative and then calculating
Hi,
The AST ledger is allowing the pool to have a negative balance.
The change to the pool balance to zero needs to be made before it is migrated.
When you migrate it to AE Ledger, it is not possible to make the change for the negative pool balance.
