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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / depreciation
Microsoft Dynamics GP (Archived)

depreciation

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Posted on by Community Member Microsoft Employee

After trying to post the depreciation expense for May 2016, there was an error message below:

“There are no transactions matching restrictions.  Modify your restrictions and process the batch again”. 

Here are the steps that may have caused an error:

  1. Entered new assets that we purchased during May 2016.
  2. 2.       Depreciated and posted the entry through the Fixed Assets Module.
  3. 3.       After generating the Depreciation Ledger by Class-Summary Report, it was discovered that the total cost basis was incorrect. Upon review of the cards and it was determined that the amount entered for asset #abc-1 was incorrect.  The card abc-1 was deleted and recreated as a new asset abc-3 (FYI, abc-2 is also considered the same asset as abc-1, they both just have two different invoice numbers.)
  4. 4.       We tried to reverse the depreciation but this function did not work so the batch history was removed instead.
  5. 5.       Then depreciate fixed assets again using the target date 5/31/16.

While performing the GL posting, the above error message popped up.

Is there a way to run depreciation in the fixed asset module again?

*This post is locked for comments

  • Suggested answer
    L Vail Profile Picture
    L Vail 65,271 on at
    RE: depreciation

    Hi,

    If you Deleted the asset using Fixed Assets Utilities, reversing depreciation will not work on it because the system has no record of this asset in the asset master file. After you have depreciated an asset, it is generally not a good idea to 'delete' it. If you had reversed and posted the reversed depreciation on this asset, you could have retired it and it would have created the Journal Entry to take it out of fixed assets. I believe your only way to fix the GL is with a manual entry. As far as running fixed assets depreciation again using the same target date - you can do it, but it will not re-depreciate anything that has already been depreciated. It will pick up any new assets for that period. Removing the batch history will not make any correcting entries.

    Kind regards,

    Leslie

  • RogerRogerATX Profile Picture
    RogerRogerATX 1,515 on at
    RE: depreciation

    >batch history was removed instead.

    That *might* be the cause of it but not sure.

    Are there transactions in the Inquiry-->Financial Detail (in the FA section of Inquiry) for those assets?  And does the GL Batch show up if you drill into the transaction?  The FA module, while it has it's complexities is sometimes a little too simple  when you come down to it - the FA to GL module looks for entries in the financial detail table (FA00902) that do not have an entry (read: blank or '') in the GL Batch name column (and GL batch date/time)   to then push to the GL module.  So either the module *thinks* it has already posted or there is no new transactions there.

    You should see the FAADD (fixed asset addition) and FADEP (depreciation) events at least....

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