Change net book value of an asset

You use the Reconciliation tab of the Fixed assets (FA303000) window to change the net book value of the selected asset.

1. Go to the Fixed assets (FA303000) window.
2. In the Asset ID field, select the asset whose net book value you want to change.
3. On the Reconciliation tab, in the Reconciliation type field, specify if you want to increase or decrease the net book value of the asset.
4. Set up the criteria to select the document declaring the change in the net book value of the asset. Do the following:
   1. In the Account field, specify the account of the document.
   2. In the Subaccount field, specify the subaccount of the document.
5. In the Trans. date field, specify the date of the reconciliation transaction.
6. In the Addition period field, specify the financial period of the reconciliation transaction.
7. In the table, select the Selected check box for the document to be used.
8. Make sure the Component check box is cleared.
9. In the Selected amount field, specify the amount of the transaction.
10. Click Process in the table toolbar to process the transaction.
11. Click .
12. Release the resulting transactions as directed by your company workflow. For more information, see: Release a fixed asset transaction

The resulting transactions affect the net book value and the current cost of the selected asset displayed on the Balance and Reconciliation tabs.