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Status Answered
Created by AgExpert Support
Created on Nov 3, 2016

Disqus Agexpert Accounting Questions Archive

is there a way to add a child capital asset to an existing parent capital asset? There was this option in the older versions of Agexpert but I do not see this option now

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Debbie, We removed that option to more correctly preserve an accounting audit trail. If the child asset was purchased in the same year as the parent asset, then there is a trick we can help with so that there is only one asset on the list, but if they were purchased in separate fiscal years then it is proper for them to be listed separately. Check out Lana's response to Bette at http://disq.us/p/1ch0ytl. In this instance she's talking about merging PST paid into a previously entered Capital Asset, but the process is exactly the same.

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