Asset Value Adjustment
How to use Asset Value Adjustment in Fixed Assets: access, working steps, fields, related records and troubleshooting.
Purpose and access
Register assets and their accounting information, location and custodian. Review depreciation settings, movements, servicing and disposal through the applicable records. Asset repair and stock consumption are separate linked activities.
This page is a record page in Finance & Accounting → Fixed Assets. Use the link above to open the configured destination; permissions are checked by the destination service.
Before you start
Prepare the required information: Asset, Date, New Asset Value, Difference Account.
Confirm the company, party, dates, units and source references that apply. Select existing links carefully and check for an existing record before creating a duplicate.
Working steps
- Open Asset Value Adjustment from Finance & Accounting → Fixed Assets, or use ERP Search.
- Filter the list and open the relevant record. To add a record, use Add/New when your role provides that action.
- Complete the editable fields described below. Required fields and validation conditions must be satisfied; read-only values are set by the system or their source records.
- Save the record and address validation messages. Reload and verify the saved values and relationships.
- When the draft is complete and you are authorized, submit it through the available approval process. Submission can create operational or accounting effects. Use the permitted cancellation/amendment process for later corrections.
Field reference
These fields come from the installed ERP definition. Hidden fields and password inputs are omitted. Additional conditions, custom scripts and workflow rules can make a field required or read-only in a particular context.
| Field | Type / behavior | How to use it |
|---|---|---|
Companycompany | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Company |
Assetasset | Link Required | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Asset |
Asset Categoryasset_category | Read Only Optional | System-provided value; correct its source record or calculation rather than overwriting the displayed result. |
Datedate | Date Required | Choose the business date required for this field. Confirm its relationship to other dates on the record. |
Finance Bookfinance_book | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Finance Book |
Amended Fromamended_from | Link Optional · Read-only | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Asset Value Adjustment |
Current Asset Valuecurrent_asset_value | Currency Required · Read-only | Enter the monetary amount in the applicable currency. Review the transaction and company currency before using the value. |
New Asset Valuenew_asset_value | Currency Required | Enter the monetary amount in the applicable currency. Review the transaction and company currency before using the value. |
Difference Amountdifference_amount | Currency Optional · Read-only | Enter the monetary amount in the applicable currency. Review the transaction and company currency before using the value. |
Difference Accountdifference_account | Link Required | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Account |
Journal Entryjournal_entry | Link Optional · Read-only | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Journal Entry |
Cost Centercost_center | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Cost Center |
Troubleshooting
- Not permitted: verify the account, role and source-document permission. Do not share an administrator login.
- Missing record or address: inspect the relevant Link or Dynamic Link fields; a matching title alone does not establish a relationship.
- Cannot save or change status: review required fields, read-only values, document status and the configured approval transition.
- Unexpected report or portal result: review company/date filters, source-document submission and the approved party or Employee link.