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Fixed asset book value is wrong

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Posted on by Mayra_19

Hello Experts,

My customer recorded a fixed asset g/l journal with amount in USD but the book value in the fixed asset card shows the same amount of usd as in AED. Can anyone please help what would be the reason and how to correct this issue?

Appreciate your help.

Mayra

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YUN ZHU 74,036 Super User 2024 Season 2 on at

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RE: Fixed asset book value is wrong

Hi, It does appear to be an exchange rate issue.

Also, have you ever run Adjust Exchange Rates?

If it is difficult to find the reason, you can use the method below to adjust the amount of fixed assets.

Revalue Fixed Assets: Revaluation of fixed assets can consist of appreciations, write-downs, or general value adjustments.

https://learn.microsoft.com/en-us/dynamics365/business-central/fa-how-revalue

Hope this helps as well.

Thanks.

ZHU
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Inge M. Bruvik 32,748 Super User 2024 Season 1 on at

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RE: Fixed asset book value is wrong

But what amounts do you see on the FA ledger entries?
Mayra_19 5 on at

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RE: Fixed asset book value is wrong

I have checked FA ledger entry and currency setup:

In Currency card : Exchange rate date is 08/08/22

And in FA ledger entry: Posting date is 08/01/22

Could that be the reason its not updating correctly?
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Inge M. Bruvik 32,748 Super User 2024 Season 1 on at

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RE: Fixed asset book value is wrong

Maybe they have the incorrect exchange rate?

Can you please look at the FA ledger entries and see what they says?