Fixed Assets reversal

Dynamics 365 for Finance and Operations/AX User Gr Technical Forum
#1

Hi All

i want to reverse one Fixed assets aquisition and its depreciation and want to close the fixed assets as it is been enter twice. When i am selecting the Fixed assets (FA details form)/value model/Transaction/ reverse. It is showing the following error.

“The transaction type Fixed assets, debit must be reversed from Accounts payable.”

Actually i aquire the FA by crediting the Vendor .

please help me. i have to reverse the FA aquisition and its Depreciation.

thanks

#2

Any Suggestion experts

#3

Did you try using Transaction Reversal from Vendor Transaction Form?

I would suggest if it is one transaction then reverse the transaction manually, first depreciation than Acquisition.

#4

Thanks Sachin for the the suggestion.

What i did is, first i reverse the depreciation and then fron vendor transaction i reverse the aquisition. And now the status is showing “not yet aquire”.

Now i want to close this fixed asset so that in future we run the depreciation it will not show in the proposal. How can i do that, as the status is showing “not yet Aquire” and also the status drop down is disable.

Thanks

#5

Have you tried running depreciation proposal ? This Asset will no be included in that as this has no value to depreciate.

#6

yes if we will not aquire it then in depreciation it will not show.

Its status is “not yet aquire” and now whn i making the aquisition proposal for other FA it is showing there as its status is “not yet aquire” and when i am running the aquisition proposal i am choosing the filter “status”.

I just want to close this so that in future it will never reflect.

Thanks

#7

If the aquisition price i make to zero then it is not showing in FA Aquisition, but not closed

#8

Any suggestions frnds

#9

Any suggestions experts