MILESTONE day! All data is extracted out of our clients SAP fixed asset system — all done remotely. As if we were never there… wait, we weren’t. 🙂 Gotta love technology.
We are now in the process of analyzing their data to find any variances between their Internal / GAAP (which will still be recorded in SAP ERP) and Tax values. Once we gather that list, we will work with our clients through the adjustment phase before finalizing data, reformatting and importing into Sage FAS 500 Asset Accounting for test data number 1.
This is a very exciting day for our client – as they see a faint light at the end of their fixed asset tunnel!