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Problem: How to change the type of Fixed Asset to Intangible Assets?

Solution: Make editing as shown below.

The fixed asset 1. The Fixed Asset is accepted to accounting through the document Entry Opening Balance Entering as entry of initial balances.:
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Current type of assets is Fixed Asset:
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Please find more information about Fixed Assets here 12. Asset Management

2. Depreciation is already accrued monthly on this Fixed Assets.Asset:
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3. Cancel the Month End Closing of the month for all periods of depreciation.:
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Enter the document Entering 4. Go to corresponding document Opening Balance Entering of the initial balances. Change :
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And change the type of asset to Intangible Assets.:

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Post and close Opening Balance Entering:
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Then re-close the documents Closing the month.

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Image Removed5. Execute Month End Closing for all the previous periods that were cancelled:
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Amortization for Intangible Asset is recalculated:
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