Cost entered exceeds the cost for the book. Fixed Assests

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Posted on by CBSS1956

Good Morning All

We are getting the following error when retiring a asset.

Now for some backstory.

We were purchased in 2014 and the people who were handling the FA decided to make a new book with all our assests at acquisition. Now we have to two books with the asset in question has a lower cost basis in old book, then in the new book.

Anyone seen this and know what steps are required to retire the asset?

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Microsoft Dynamics GP

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CBSS1956 on at

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RE: Cost entered exceeds the cost for the book. Fixed Assests

That works. Didn't know that was a option.
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Andrea Melroe 3,437 on at

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RE: Cost entered exceeds the cost for the book. Fixed Assests

Hi CBSS1956,

When you have multiple books with different costs, you can enter a 'Percent' instead of a specific cost amount to be retired:

What happens when you enter a percentage, and leave the cost amount field blank?