How do I import Fixed Asset Register Data into Accounts Production?
Article ID
ias-12165
Article Name
How do I import Fixed Asset Register Data into Accounts Production?
Created Date
23rd November 2015
Product
IRIS Accounts Production
Problem
How do I import Fixed Asset Register Data into Accounts Production?
Resolution
To import the Fixed Asset Register Data into Accounts Production you first need to create an export file (.IRF) within the Fixed Asset Register. To create this IRF file please follow the steps below
Click Posting and then select Export Postings
From the Level of detail drop down select Post Group Details
Click Export
Select Desktop
Enter a File Name and click Save
Click OK to complete.
Once the export files is created follow the steps below to import into Accounts Production
Click Posting
Click Select
Select the Posting Entry into which you want to import the FAR postings and click OK
Within the Posting Screen click Advanced and then Import Postings from Fixed Asset Register
From the Level of detail drop down select Post Group Details
Click Import
Once complete a panel appears showing the import details
Select OK to complete the import.
NOTE: Not ALL postings required for the Fixed Assets will be imported. In the majority of cases only Depreciation, Profit/Loss on Sale of Asset will be imported. As a rule any balance where ‘Bank’ would have been the Double Entry is unlikely to be imported e.g. Addition, Proceeds of disposal etc. These postings will need to be made manually within Accounts Production.
