Question

fixed asset error message "Book Period cannot be found in the system”

  • 6 December 2023
  • 7 replies
  • 81 views

Receiving a fixed asset error message "Book Period cannot be found in the system” when trying to dispose of an asset.


7 replies

Userlevel 4
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Has the FA calendar been generated to cover the Useful life of the asset?

Userlevel 3
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Yes the Book Calendars need to be generated out for the entire life of the asset.

Userlevel 7
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Placed in service date is 07/30/21, useful life is 15 years.  So, I need to Generate Book Calendars through 2036?  I am new to Acumatica and have never used this option before.

Can you share the steps you are taking @thoward66 ? That may help someone to get you a better answer of how to correctly handle this. 

Userlevel 3
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Hello, Please provide a screen shot of FA501000 and a screenshot of GL201000 for fiscal year 2022 and 2023 for reference.  Thanks

I am finding the fixed asset and choosing option to dispose.  Putting in 09/13/2023 as disposal date and disposal period as 11-2023. Both time periods are in an open status.  After hitting enter I get the error message “Book period cannot be found in the system”

 

Also, fixed asset book calendars already exist to year 2060.

Placed in service date is 07/30/21, useful life is 15 years.  So, I need to Generate Book Calendars through 2036?  I am new to Acumatica and have never used this option before.

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