Asset Conversions - GL / AM Variance

Legacy Contributor

We brought on a new company in 2013. The amount of accumulated depreciation loaded into the AM module using the conversions AM96, AM97 and AM98 was higher than what was on the GL. This was due to an old audit adjustment on the GL only. But, the asset balances in GL and AM agree. So, we now have a variance when reconciling. Assets agree but A/D is higher AM thus depreciating less.

Does anyone have any suggestions on the best way to enter the accumulated depreciation adjustment in the AM module since we have already converted everything some time ago? We are going to dispose of the problem assets around year end and don't want the entries to be out of balance. I would like to enter one entry instead of trying to adjust numerous assets. Basically an offset.

Any thoughts would be appreciated.