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Finance | Project Operations, Human Resources, ...
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Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

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Posted on by 30

Hi Guys,

Need your help regarding an issue. A fixed Asset shows value model status as 'Not yet Acquired' although the asset was acquired three years back. Also the fixed asset appears in fixed asset acquired list page. So confused how this could be possible. 

  • Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Good morning Karan,

    Great. Please keep us updated on how things are going.

    Best regards,

    Ludwig

  • Karan Nair Profile Picture
    30 on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Hi Ludwig,

    Many thanks for your help.

    I will try to debug it and let you know if i find anything.

    Thanks,

    Karan

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Hi Karan,

    That looks like a bug.

    Already checked LCS but could not find a hotfix that seems to fit your system version.

    Can you debug this yourself? It you need support, then I would recommend opening a ticket with MS.

    Best regards,

    Ludwig

  • Karan Nair Profile Picture
    30 on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Hi Ludwig,

    Please find the screenprint of the transaction form

    transactions-value-model.png

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Hello Karan,

    Many thanks for those screenprints.

    If you click the button 'transactions' that you can see in your first screenprint, what do you see?

    Best regards,

    Ludwig

  • Karan Nair Profile Picture
    30 on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Hi Ludwig,

    Please find the screenprints for your reference. Do let me know if you need any other screenprints?

    8688.Value-model.png

    General-Value-model.png

    Depreceation-value-model.png

    Thanks,

    Karan

  • Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Hello Karan,

    Can you share some screenprints of your value model and how it integrates with finance/GL (posting profile).

    Also, can you share a screenprint of the fixed asset transactions that have been recorded against this fixed asset?

    Many thanks,

    Ludwig

  • Karan Nair Profile Picture
    30 on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Hi Ludwig,

    There are no transactions on the fixed asset that has been reversed. What could possibly be causing this issue?

    Thanks,

    Karan

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    Hello Karan,

    Thank you for the update.

    If you open the fixed asset book/value model, do you see transactions recorded?

    If so, have some or all of those transactions been reversed?

    Best regards,

    Ludwig

  • Karan Nair Profile Picture
    30 on at
    RE: Fixed Asset has Value Model status 'Not yet acquired' although the asset was acquired in December 2017.

    For that fixed asset only one value model is present and that status is not yet acquired.

    68764.Error.png

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