Posting a Post-Capitalization in fico

Purpose

In this IDES process, you capitalize an asset for a fiscal year in which the asset was not originally capitalized. This posting, however, is to be made for a fiscal year that is already closed. This process would generally take place as part of a government tax audit.

You can find more information about this process under .

Process Flow

You can find the data for this process under .

1. You first
Create an Asset for Post-Capitalization. The capitalization date for this asset is the date of the original acquisition.
2. You then
Post the Post-Capitalization. At this point, you enter the historical acquisition value.
3. To analyze the values of your asset, you
Display the Asset History Sheet.