Error While Revaluing Asset Due to Incorrect Fair Amount Entry — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Error While Revaluing Asset Due to Incorrect Fair Amount Entry

in Assets 1 comment

Summary:

We revalued an asset in August 2025 with the effective date set as 1st April 2025 and the amortization start date also as 1st April 2025. However, the fair amount was entered incorrectly by mistake. When we attempt to revalue the same asset again, the posting fails with the following error:

'You can't enter this transaction because other transactions were entered for this asset after this date. The Revaluation transaction type for ID 65006 couldn't be completed for asset number 67969.'

We tried changing the revaluation method from 'Fair Amount' to 'Amount,' but the same error persists. We also attempted revaluation with an effective date of 2nd April 2025, but again faced the same error.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!