Hi Community
I have a customer who requires all assets to be disposed. Thre are a few left that I am unable to dispose as the need to be reconciled. However, there are no entires to reconcile in the “Covert Purchases to Assets” screen and the are no unreconciled entries on the actual asset.
Can anyone tell me how to reconcile these assets?
Thanks in advance
Regards
Barbara
Best answer by Rakshanda
Hi
Acumatica is blocking disposal because the asset is not marked reconciled, not because Convert Purchases still has open lines. Those two things are separate.
The system compares the asset’s cost to reconciled FA-clearing (accrual) amounts. If that match was never completed — common for assets created on Fixed Assets (FA303000), imported, or created from a purchase without Reconcile checked — disposal fails even when both screens look empty.
On Fixed Assets Preferences (FA101000), uncheck Require Full Reconciliation Before Disposal.
That is the standard workaround when there is no purchase left to match. Dispose the leftover assets, then turn the checkbox back on if you still want the control going forward.
1. On the asset (FA303000) → Reconciliation tab
2. Find the original purchase
Convert Purchases to Assets only shows unreconciled FA-clearing lines. The purchase may already be marked reconciled, on another account/branch/period, or reversed/reclassed.
Search GL / AP for the asset cost hitting the FA clearing / accrual account. If you find it, match it on the asset’s Reconciliation tab.
Hope above helps!!
Hello
In order to reconcile a Fixed Asset there need to be transactions posted to the Fixed Asset clearing Account. (i.e. Account 40594). Thereafter they can be selected and reconciled against the Fixed Asset.
You may need to create transactions for this Account if there are no such transaction in the system.
For further reference: https://beacon.acumatica.com/r/Fixed-Asset-Management-Guide/Creating-Fixed-Assets/Fixed-Asset-Creation-To-Create-and-Reconcile-an-Asset
+13Hi
If the Unreconciled Amount is still not zero, Acumatica may consider the asset not fully reconciled and therefore prevent it from being disposed.
Since there are no records available in Convert Purchases to Assets, I would first review the Asset Transaction History and the original acquisition documents to identify the source of the remaining unreconciled balance.
If no source transaction is available for reconciliation, you could try creating an appropriate asset purchase adjustment transaction and then process the Reconciliation to clear the remaining unreconciled amount before proceeding with the Dispose process.
Best Regards,
NNT
Hi
Acumatica is blocking disposal because the asset is not marked reconciled, not because Convert Purchases still has open lines. Those two things are separate.
The system compares the asset’s cost to reconciled FA-clearing (accrual) amounts. If that match was never completed — common for assets created on Fixed Assets (FA303000), imported, or created from a purchase without Reconcile checked — disposal fails even when both screens look empty.
On Fixed Assets Preferences (FA101000), uncheck Require Full Reconciliation Before Disposal.
That is the standard workaround when there is no purchase left to match. Dispose the leftover assets, then turn the checkbox back on if you still want the control going forward.
1. On the asset (FA303000) → Reconciliation tab
2. Find the original purchase
Convert Purchases to Assets only shows unreconciled FA-clearing lines. The purchase may already be marked reconciled, on another account/branch/period, or reversed/reclassed.
Search GL / AP for the asset cost hitting the FA clearing / accrual account. If you find it, match it on the asset’s Reconciliation tab.
Hope above helps!!
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