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On this tab, you can calculate the cost of construction for the fixed asset with the Construction is Completed status.


The "Fixed Asset Entry (create)" form. The Construction in Progress tab

Click Calculate CIP Costs to collect all the costs (from the Construction in Progress GL account) that were associated with the fixed asset.

Also, you can manually add lines with such costs. For this, click the Add button.

In the Expense Item column, you can select an expense item associated with this fixed asset construction and depreciation costs.

The Amount column shown the construction costs for the fixed asset; if needed, you can edit the amount.

The GL Accounts field shows the default GL accounts to be used for the expenses associated with fixed asset construction. Click in the column you need to replace the account. The GL Accounts dialog box opens.

The GL Accounts dialog box

Click OK to close the dialog box with the changes. Click Cancel if you do not want to save the changes.



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