Hello community, I have occurred a problem with Fixed assets base value after I have made an extension to my lease accounting contract. The situation is:When I have done the initial recognition posting the base value is automatically registered for the FA object After that I have done depreciations for the full amount and during the last contract month I’ve decided to extend the lease contract However, after I have entered the extension information for the LA contract and done the recognition posting, I do not get a register for the FA object base value. Currently, only adjusted acquisition value gets updated, but as the base value doesn’t update, the object shows that it has been fully depreciated. How do I get the base value updated as well?Please see the attachments for more information regarding the setup I use.

Question

Fixed asset base value after Lease Accounting contract extension

Userlevel 2

+7

Hello community,

I have occurred a problem with Fixed assets base value after I have made an extension to my lease accounting contract. The situation is:

When I have done the initial recognition posting the base value is automatically registered for the FA object
After that I have done depreciations for the full amount and during the last contract month I’ve decided to extend the lease contract
However, after I have entered the extension information for the LA contract and done the recognition posting, I do not get a register for the FA object base value.
Currently, only adjusted acquisition value gets updated, but as the base value doesn’t update, the object shows that it has been fully depreciated.
How do I get the base value updated as well?