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Fixed asset depreciation

  • 20 September 2023
  • 4 replies
  • 81 views

Userlevel 1

Good day everyone, I have a few amounts that are not depreciating but there is still a value for the fixed asset in the system. How do I remove the balance on this module so the value is 1? Thank you in advance! 
 

 

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Best answer by SaneleGazu09 21 November 2023, 07:44

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4 replies

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Hello, please can you show us a labeled report so we can understand what these columns of numbers represent? 
It’s most helpful if we can see the labeled numbers directly in an Acumatica screen or report.
 

In the case of fixed assets, it’d helpful to see depreciation tab of fixed assets screen along with data like life of asset in years, in service dates, depreciation methods, etc.

Thank you.

Laura

Userlevel 1

Hi @Laura02. I have attached the FAs showing the useful life and the depreciation tab for the first asset.

Below I ran the Fixed Asset Net Value Report 

 Thank you.

 

Userlevel 7
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Hi @SaneleGazu09 were you able to find a solution? Thank you!

Userlevel 1

Hi @Chris Hackett , thank you for following up, yes I did find a solution. The user was trying to dispose of assets in periods that have already been closed and had to process a FA Transactions to correct the amounts. Thank you.

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