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"Book value must not be negative or less than Salvage value" in Navision 2018

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Posted on by joshlabtech

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Hi all,

Please advise why this error will comes about. Is it not possible for value to be negative?

Thank you!

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Dirk on at

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Hi,

Can you share some more details?

What do you want to achieve?

Do you want to register Fixed Assets with negative book value?

Or is this a message you get when you want to dispose an asset?

Thanks

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Community Member on at

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Josh,

Adding to Dirks reply... Are you trying to depreciate an Asset that is fully depreciated? Look at the Asset 210011 FA Ledger Entries to see if what is happening. Someone could have entered a Salvage value during the purchase process. Salvage value entry is available if you have selected the Acquisition Cost option in the FA Posting Type field. Typically, the salvage value must be entered as a negative amount. Entering a salvage value at the same time as the acquisition cost is especially important if you also select the Depr. Acquisition Cost check box. In this case, the depreciation basis will be acquisition cost minus salvage value. Look into this to see if this is the case.

Hope this helps.

Thanks,

Steve

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joshlabtech 662 on at

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Hi all,

Please see the image.

User trying to run depreciation for this fixed asset code.
after she post this entry , this asset will fully depreciated

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Dirk on at

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Hi Josh,

Thanks

In order to understand the full history of this asset, is it possible to share all the "Fixed Asset Ledger Entries" which exist for this asset 210011?

Which build of NAV 2018 is in use here?

Thanks

Dirk

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joshlabtech 662 on at

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May I ask where to locate the Fixed Asset Ledger Entries?

What would you like to see?

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Dirk on at

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On the Fixed Asset list or the card page, click Ctrl & F7 to get the entries.

Or go to the "Navigate" tab on the ribbon and click "Ledger Entries".

I think it would be good to check if with the last depreciation the book value would turn negative.

Maybe it is sufficient already to see the "Book Value" flow field on the Fixed Asset Card and in addition check whether a Salvage Value has been registered.

In this case you should find a Fixed Asset Ledger Entry with "FA Posting Type" = "Salvage Value" for asset 210011

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