I had also stopped using FA for a while, been doing other things, Now, i wanna setup a new company using FA, i have already created assets classes, locations and categories, Also i have just created and one asset including depreciation date, but i can't find it in a list.

the drop down menu that display the assets to either modify or delete it is not showing

Any help on how to fix it

Thanks

Best Regards

Tom

Hope this will help others to be careful when the register assets. a little tiny detail could make everything wrong.

I appreciate your time Boss!

Bless Up!

I managed to copy your error by trying to start the depreciation process from the purchase date, and using the current fiscal year.

I was able to stop the error by changing the fiscal year to the 2020 fiscal year.

Hope this helps.

What i mean is for example:

I create create asset class, category and insert asset depreciation date as well. say 2017.
Now when i am purchasing the asset, i put purchase date 2018, will that bring confusion to the system?
Could that be the issue? Though I am not sure if that's what I did.

I found there was a problem if you missed a fiscal year, for example.

This is the process I would follow/check:

- Is this a new fixed asset or have you had depreciation entries processed against this before?
- If there are previous depreciation entries, do these total less than 100%, and will adding this new entry still total less than 100%?
- If this is a new fixed asset, have you set up all the necessary configurations (Locations, Categories, Classes etc)? I believe you have but always good to check again
- Check which fiscal year you are posting in (Setup --> Company Setup)
- Check which fiscal year you bought the fixed asset in? Is there a gap between you buying the asset the new depreciation entry you're trying to process? e.g. You bought the asset in 2018, but you need to possibly create a journal between 2018 and 2019?

A lot of these are possibly not relevant but just ideas I am suggesting.

I would recommend (if you haven't done so already) you run reports to check that all the locations, categories etc are in place. Anything that isn't should throw up an error message.

If you could give as much information as you can as to how you have the fixed asset setup I can try and copy it on to my demo system and see if I can get the same problem.

The only way I can copy your error at the moment was by doing what was suggested before about changing the fiscal year, or not having any fixed assets.

Lets start with this and we will take it from there.

why don't you post here for everyone .

Sorry it wasn't clear. Just sent you a PM.

Best Regards

Tom

Bit of a newbie to FrontAccounting here, but I have  a "test" system setup I like to try these things on. I was able to setup a new fixed asset, and carried out the setup process without a problem. I was then able to depreciate the asset (posting in the current fiscal year as @apmuthu states).

However, I changed the fiscal year to a previous (closed) year, then attempted to depreciate the asset, and I got the error message.

I also tried to post in a previous (open) year, but couldn't post there either.

I hope this helps in some way.

Best Regards

Tom