Hi everyone. This has been bugging me for a few months and I cannot fix it correctly.
I need to correct a fixed asset posting whereby additional costs, not directly relating to the original asset, have been added to a fixed asset card. Policy is to depreciate straight line so this has had the effect of incorrectly accelerating the depreciation for the second addition so now everything depreciates to nil at the same date.
I have tried (and failed) to correct this by transferring the secondary cost element to a newly set up asset code. However when I run the depreciation journal the original asset retains the higher depreciation charge as if the additional cost is still there.
can someone point me in the right direction? Need Navision to…
transfer the cost of additional asset costs
correct the over depreciation TD on the first asset
post correct depreciation to date on the newly transferred asset
This should be done in FA Reclass.Journal. For instructions please search Splitting Up Fixed Assets in NAV Help, it’s to lengthy to copypaste it here, sorry.
Don’t forget to put checkmarks in ALL Reclassify {something} columns - although you obviously will not have all types of them in use, it’s better to check all than forget some of the used.
If the first step is done correctly, depreciation should be OK, as part of it is already transferred (reclassified…) to the new asset.
IF after all the actions in my post above the depreciation amounts are not what you expect them to be (it will surely be so in case the splitted-off asset has longer deprec time and/or deprec % than the parent) you should:
drill down from FA card / Book Value to FA Ledger Entries, select the incorrect deprec. line(s) and use Cancel Entries
