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What are the steps that should be taken to process assets for year end close?

Capital Assets

Informational

1. Post any new assets for the fiscal year to be closed:  Capital Assets changes in 2019.1 and above - How to post a New Asset
2. Clear pending asset transactions:  How to take care of a pending transaction
   1. Assets with pending transactions will not be updated by the Capital Asset Year End Process 
3. Post depreciation for the fiscal year to be closed:  How to run depreciation
4. Run any necessary reports for the auditors:  Asset report to show transaction details
5. Run the Capital Asset Year End Process:  How to change Current fiscal year shown on asset