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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Fixed Asset Reclass
Small and medium business | Business Central, N...
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Fixed Asset Reclass

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Posted on by Michelish 30

I am trying to reclassify an acquisition that was mistakenly added to a fixed asset, and it should have been a new one. This happened on 7/1/21 - I did the reclassify and it created the journal entries in the Fixed Asset G/L Journals, but it's giving an error when trying to post.  It's saying "Accumulated Depreciation must not be positive on 07/01/21 for Fixed Asset No. = COMP2 in Depreciation Book Code = Company.

How do I change the accumulated depreciation so this entry will post?  Or is there something else going on?

Thanks.

I have the same question (0)
  • Suggested answer
    Dallefeld Profile Picture
    Dallefeld 211 User Group Leader on at

    Normally you cannot post positive depreciation entries but Typically in the Reclass Journal it will allow this. Are you sure that you are using the FA Reclass Journal?

  • Michelish Profile Picture
    Michelish 30 on at

    Yes I am using the reclass journal, and it created the entries automatically.  

  • Michelish Profile Picture
    Michelish 30 on at

    Is there another way to move that value to a new asset?

  • Suggested answer
    Teddy Herryanto (That NAV Guy) Profile Picture
    Teddy Herryanto (Th... 14,284 Super User 2025 Season 2 on at

    You can cancel the entries and post the new entries to the new asset.

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