web
You’re offline. This is a read only version of the page.
close
Skip to main content
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / Fixed Asset with statu...
Finance | Project Operations, Human Resources, ...
Suggested answer

Fixed Asset with status not acquired and depreciation amount

(0) ShareShare
ReportReport
Posted on by DNC

H,

I have the following situation: In the fixed asset module we have many fixed asset books. For one book the fixed asset has the status "not acquired" - see status below.

pastedimage1683284583453v2.png

This fixed asset has been migrated before. Now if I check the value, I see that this fixed asset with the status "not acquired" has an depreciation amount - see yellow marked below.

pastedimage1683284420289v1.png

When I want to correct this depreciation value in the fixed asset journal, I get the following messages

"Acquisition for fixed asset XXX, book TAX, does not exist."
"Fixed asset with status Not yet acquired cannot have transaction type Depreciation."

How can I have a fixed asset with a depreciation value with the status "Not acquired"???

I cannot cancel the depreciation amount, because it is in the old fiscal year.

How can I get rid of this depreciation amount, if the fixed asset has the status "not acquired"???

Best regards

DNC

I have the same question (0)
  • DNC Profile Picture
    DNC on at
    RE: Fixed Asset with status not acquired and depreciation amount

    Really nobody who could help?

  • Suggested answer
    Gaurangkumar Jani Profile Picture
    Gaurangkumar Jani 4,514 User Group Leader on at
    RE: Fixed Asset with status not acquired and depreciation amount

    Hi DNC

    How did you create the acquisition in TAX layer book? Can you see acquisition value in Tax layer book?

    You can only be allowed to post depreciation in a Book in which you have acquisition posted.

    I would suggest checking your main book and derived book for depreciation. This issue normally happens when you acquired FA for Current layer but try to post depreciation for all derived book, in this specific case I would suggest to post acquisition entry in other layer's book before passing depreciation.

    Let us know if this helps.

    Thanks,

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Pallavi Phade – Community Spotlight

We are honored to recognize Pallavi Phade as our Community Spotlight honoree for…

Congratulations to the October Top 10 Community Leaders!

These are the community rock stars!

Leaderboard > Finance | Project Operations, Human Resources, AX, GP, SL

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 683 Super User 2025 Season 2

#2
CA Neeraj Kumar Profile Picture

CA Neeraj Kumar 620

#3
Martin Dráb Profile Picture

Martin Dráb 563 Most Valuable Professional

Last 30 days Overall leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP

Product updates

Dynamics 365 release plans