Credit memo for subsequent acquisitions in Fixed Assets

According to the Fixed Asset help file - section Credit memo for Subsequent Acquisitions it Says " Fixed Assets *DOES NOT* allow posting a credit memo for a subsequent acquistion.  What are the exactt circumstances in which Fixed Assets will block these credit memos. I have added subsequent Acquisitions and Fixed Assets appears to allow credit memo's where depreaction has not been run and also where depreciation has  not been run. How does this blocking mechanism work?

Hi John
It appears that there is no good answer to your question.  From my undertstanding, the SAP Fixed Assets add-on is a very basic solution, and does not anticipate many of the changes that can occur once an Asset is acquired.  Frankly, it is pretty basic when handling the initial acquisition.
Not that this will help you with this particular install, but the Fixed Assets add-on from B1 Fixed Assets LLC does a very thorough job of creating Assets, where you can use any or all of Invoices, Credit Memos, and Journal Entries, mixing and matching to create the Asset.  Once the Asset has be added, making Cost Adjustments is almost as thorough, and provides considerably more options to recognize the Cost Adjustment.  You can see a viedo of a relatively simple Asset Acquisition on YouTube (www.youtube.com/b1fixedassets).   
Let me know how you get this issue resolved - I am very interested.
Joe

Similar Messages

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