'Enter prior year Adjustment for BOOK with two decimals' retiring an Asset

Vzťahuje sa na: Dynamics GP 2010Dynamics GP 2013Fixed Assets

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Question

'Enter prior year Adjustment for BOOK with two decimals' message occurs when performing a retirement in Fixed Assets. Why am I getting this message?

Answer

The Date entered as the Retirement Date is prior to the current fiscal year. Fixed Assets will reverse depreciation to the Date entered as the Retirement Date. Fixed Assets is not Date sensitive and it does not store the amount of depreciation taken in prior years. Because of this, the system is prompting for an amount of depreciation that should be reversed from prior years.

This article was TechKnowledge Document ID: 22679