This video is for you if:
You
forgot to use a Capital Asset object code when you bought a capital asset item in BUY.IU
AND you
forgot to check the “Capital Asset?” box on the requisition
OR •Timing
or other circumstances prevented you from following the normal purchasing
procedure in BUY.IU, and you used personal funds or a P-Card to purchase a
capital asset
•You now
need
to manually create an asset record for it
Submit a General Accounting
Adjustment (GEC) document in KFS. The GEC allows you to accomplish
two things simultaneously:
1. Update the object code of a purchase
2. Create
a Capital Asset for the item