In IFS Cloud 23R2, I created a fixed asset and posted an acquisition value using the Acquisition Value Adjustment per Book screen. The transaction posted successfully, a voucher was created, and the accounting period is open. The asset has a depreciation method assigned with start year and period entered.

When I attempt to run a depreciation proposal for this asset and period, I receive the error:
“Not possible to post an empty depreciation proposal”

I need help identifying what is preventing the system from calculating depreciation.