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?
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?
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