Thong Ei Li
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13 hours, 40 minutes ago
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Q:
Fixed Asset Module in Epicor Kinetic
We would like to know if the Fixed Asset module (which will be available in Epicor Kinetic) will have the function of assigning default cost centre code to every new individual asset bought while shared assets (like the HQ Factory Building), will have a “Holding Cost Centre” called HQ-SHARED?
At the end of the month, the Fixed Asset Module will generate the total depreciation and we only need to post one single journal entry to clear out HQ-SHARED and distribute it based on our fixed, pre-calculated square footage percentages.
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