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Dynamics 365 Community / Forums / Microsoft Dynamics NAV (Archived) / Credit memo with Fixed...
Microsoft Dynamics NAV (Archived)

Credit memo with Fixed Asset

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Posted on by Community Member

I have purchase of FA posted for 1000. Depreciation is also posted, for example 100. Is it possible, to post Purchase credit memo, that should act in the way as disposal? (-acquisition, -depreciation and gain/loss account)

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  • Verified answer
    RobertasR Profile Picture
    RobertasR 5,004 on at

    Hi Monika,

    posting a credit memo would not dispose of the fixed asset, but would only reduce the book value. As a result, you wouldn't be able to have a credit memo value more than the remaining book  value for the FA.

    If you're actually returning the asset, I would recommend posting disposal via FA G/L journal (that would reverse the acquisition cost and depreciation, and dispose of fixed asset) and then raise a GL credit memo for the supplier.

    Hope that helps.

    Robertas

  • Community Member Profile Picture
    Community Member on at

    Thank you Robertas.

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