Actions

This section shows the Actions available in the Asset Adjustment workspace.

Field

Description

Approve

When you select this action, the asset adjustment is approved. Having approved an asset adjustment, all totals for the relevant assets are updated and displayed in the company’s base currency and in the enterprise currency. Furthermore, Maconomy creates an asset journal in the general ledger which is ready to be posted. Note that you cannot approve an asset adjustment having an entry date which is not within the open posting period. Note that between the time the adjustment is approved and the asset journal is posted, the Fixed Assets and G/L modules do not balance.