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Narrative Insights is Temporarily Unavailable due to an Infrastructure Issue. Learn how This Impacts Your Account and What to Expect While the Feature is Disabled.
NSC | Is it possible to delete a Fixed Asset that is Depreciating?
Scenario:
The user is attempting to delete an asset named "Laptop - Finance Dept", which has been depreciating for several periods. The Current Net Book Value is $500, and the asset has a status of Depreciating. The user is unable to delete the asset because it is active for depreciation.
Solution:
Before proceeding, make sure that the Allow Asset Value Editing preference is enabled. To do this, navigate to Fixed Assets > Setup > System Setup (Administrator role required), and confirm that the Allow Asset Value Editing box is checked.
- Navigate to Fixed asset > Lists > Assets
- Click Edit beside the FAM asset in question
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