Net Book Value on a Retired Asset

  • Net Book Value on a Retired Asset

    Posted by DSC Communities on January 30, 2017 at 11:47 am
    • Scott Causey


      January 30, 2017 at 11:47 AM

      In Dynamics GP2010 – Is there a way to zero out the NBV of a retired asset?

      Scott C

    • Jen Kuntz


      January 31, 2017 at 9:45 AM

      The only way is to change either the cost or the LTD amortization to make the NBV zero, since NBV is a calculated field.

      If you change the amortization to match the cost, when you do the next GL posting, it will want to post that amortization expense. Depending on your circumstances for wanting it to be a $0 NBV, you may need to deal with that via posting or editing prior to posting through to the GL.

      Jen Kuntz, CPA, CGA
      Microsoft MVP, Business Solutions
      Kuntz Consulting Inc.
      Cambridge, ON, Canada

    DSC Communities replied 6 years, 8 months ago 1 Member · 0 Replies
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