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

Announcements

No record found.

News and Announcements icon
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Microsoft Dynamics NAV (Archived) / Fixed Asset
Microsoft Dynamics NAV (Archived)

Fixed Asset

(0) ShareShare
ReportReport
Posted on by Sumit Singh 11,790 Super User 2026 Season 1

Dear All,

There is one issue related with the fixed assets. This is the scenario:-

We need to sale some FA's and post sales invoices accordingly but later customer refused to purchase the same. So, user post the sales credit memo instead of cancelling the FA entries. Now the situation is this, on the fixed assets card Gain/loss on FA card is showing while I check the statistics on the FA card which should not be shown. 

Please help.

Thanks in advance

Regards,

Sumit 

*This post is locked for comments

I have the same question (0)
  • Verified answer
    AJAnsari Profile Picture
    AJAnsari 5,754 on at

    The customer has worked themselves into a corner here.

    Here is a simpler fix:

    I would use Journal entries (General Journal or Sales Journal) to essentially wipe the slate clean/correct the issue as it impacts the Customer Ledger and the General Ledger. The Fixed Asset ledger already shows the asset as disposed.

    Then block and rename the old asset, create a new Fixed Asset to replace the old one, fill out the important details like Depreciation Book, Depreciation Method, Start Date for Depreciation, No. of Depreciation Years, etc.;

    Then, temporarily uncheck the FA G/L integration (at least for Acquisition and Depreciation) from the Depreciation Book that is integrated to G/L. Then use the FA Journal (not the FA G/L Journal) to book the Acquisition Cost journal entry using the acquisition date as the posting date, (these do not have to balance against a G/L account like a FA G/L Journal entry would), and post all the depreciation entries as individual entries with respective posting dates, or as one lump-sum entry with the accumulated depreciation amount with the final depreciation date as the posting date. Be sure to populate the proper Depreciation Book value and repeat the process for other Depreciation Books if you depreciate an asset multiple ways (for Book and Tax). Post the FA Journal entries.

    Then go back to the Depreciation Book and re-enable the G/L integration options.

    This restores your asset's acquisition cost, book value, etc. without upsetting the General Ledger, and you can then do what you need to from that point on.

    I hope this helps. If my response has answered your question, please verify by clicking Yes next to "Did this answer your question?"

  • Sumit Singh Profile Picture
    Sumit Singh 11,790 Super User 2026 Season 1 on at

    Thanks for your reply

  • Paras mehan Profile Picture
    Paras mehan 3,518 on at

    Hi AJ Ansari,

    After posting Acquisition cost from FA Journal, while am trying to post depreciation cost then error is coming as (Before posting Depreciation you should need to post Acquisition cost) but i had already posted the acquisition cost.

    Please give any suggestion.

    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

Introducing the 2026 Season 1 community Super Users

Congratulations to our 2026 Super Stars!

Meet the Microsoft Dynamics 365 Contact Center Champions

We are thrilled to have these Champions in our Community!

Congratulations to the April Top 10 Community Leaders

These are the community rock stars!

Leaderboard > 🔒一 Microsoft Dynamics NAV (Archived)

#1
TAHER_El_Mehdi Profile Picture

TAHER_El_Mehdi 2

#1
sliderxb Profile Picture

sliderxb 2

#1
broberts Profile Picture

broberts 2

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans