Using ACCPAC Plus for DOS 6.5 with Windowing System Manager 6.5A and Fixed Assets -

Client has a situation where they purchased a new vehicle and entered it into Fixed Assets in January and in a subsequent month in the same year the vehicle was totaled and they now want to enter the disposal of the asset. However, they do not do the monthly close because they say they receive additional costs for assets in months after originally posted and this way they can add the additional cost after the fact. But now in the disposal issue, they receive a message that the asset can not be disposed of until the month that it was originally entered is closed (which apparently completes the add cycle).

The question is: How can an asset be disposed of in the same year if monthly closes are not done? And if the monthly close must be done, how can they adjust the value of an asset entered in a prior (closed) month if they receive additional costs later?

Appreciate your time.

Gary
Banyan Business Consulting, Inc.
bogolin@banyanconsulting.com