When an AUC was created in 2015, and I attempt to capitalize it as a fixed asset in 2016, it shows up on the Asset History Sheet (S_ALR_87011990) as a 'transfer' rather than an 'acquisition'.
I understand that this is because the AUC was originally created in 2015, but since we use the Asset History Sheet for our account reconciliations, it would be a much more accurate representation for this to show up as an 'acquisition', since I am capitalizing the asset in 2016.
Is there a different report I should be using for our reconciliations because of the way the system assigns 'transfer' vs 'acquisition' status?
Or is there a way to properly show assets completed & capitalized in 2016 as 'acquisitions' rather than 'transfers'?
Thank you,
William