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Session Id :
Finance | Project Operations, Human Resources, ...
Suggested Answer

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. 

I have the same question (0)
  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Hi Karan Nair,

    Is it possible that you have multiple books / value models and that only one of them shows not yet acquired?

    Another option is that all of the transactions for this fixed asset have been cancelled. In this case, the status might also be reset.

    Can you share some screenprints of the transactions that have been recorded for this fixed asset?

    Best regards,

    Ludwig

  • Karan Nair Profile Picture
    30 on at

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

    68764.Error.png

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    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

    Hi Ludwig,

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

    Thanks,

    Karan

  • Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    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

    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

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    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

    Hi Ludwig,

    Please find the screenprint of the transaction form

    transactions-value-model.png

  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    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

    Hi Ludwig,

    Many thanks for your help.

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

    Thanks,

    Karan

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