FA Journal Entry - Posting a negative amount to a Fixed Asset

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Posted on by Community member

Hello,

I am trying to use an offline JE to post a negative amount to an FA. I keep getting the message /The first entry must be an Acquisition Cost for Fixed Asset.../

An invoice was paid to the FA today so there is already an Acquisition Cost posted to the FA.

What could be causing this error and how can it be fixed?

I use this function all the time to post write-downs and have never had this happen before.

Thanks,

Beth

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Business Central

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Community member 8 on at

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FA Journal Entry - Posting a negative amount to a Fixed Asset

Thanks for the help!

After looking at the FA card more closely, we realized that the posting date (of the first of the month that I usually use) was before the date that the invoice was paid. Normally, that's not an issue as my credit amounts usually come in the following weeks or months.

Have a great day, everyone!

Beth
Community member 8 on at

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FA Journal Entry - Posting a negative amount to a Fixed Asset

Thilari,

I didn't see a way to respond directly to your answer, so I hope you will see this.

Yes, Acquired is marked on the FA and the acquisition date is filled in on the FA depreciation book table.

Thanks!

Beth
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Thilari Hettiarachchi 61 on at

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FA Journal Entry - Posting a negative amount to a Fixed Asset

Hi Beth,

Please check if Acquired is marked in fixed asset card. To mark this, field you need to make sure acquisition dates are filled in FA depreciation book table. Once, they are filled it should be marked automatically.