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Close out PO on Fixed Asset line that's disposed

  • 1.  Close out PO on Fixed Asset line that's disposed

    Posted 19 days ago

    I have a Fixed Asset line on a PO that was received but the asset had already been disposed.
    The system will not let me close out the line and I can't reverse the receipt.

    Since the FA was closed, we invoiced the charge to another account.
    The system won't let me do anything with this line. I zeroed out the cost on the line.

    • The Error Message I receive is: "FA No… in Depreciation Book Code=COMPANY is disposed"
    • The asset was disposed of through a Sales Order. I'm not able to reverse the transition that disposed of the asset.
      • When I try to reverse the entries, the system doesn't allow me to. The Message I receive is: "You can only reverse entries that were posted from a journal"
      • When I try to Cancel Entries the message: "Entry No… cannot be canceled. Use FA Posting Type = Proceeds on Disposal"

    I haven't been able to find anything on how to resolve this issue.
    I need help closing out the PO.

    #NAV2016 #Finance

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    Maria Avery
    Controller
    Compax
    Salt Lake City UT
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    Conference-BCNAVUG_200x200


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