Fixed Assets - Negative fixed asset
Fixed Assets - ability to have a negative fixed asset for when an asset has devalued and the revaluation is therefore negative.
15
votes

-
Ian Orr commented
If a F-A is subject to a Valuation, that valuation may go down as well as up. A Negative F-A fixes this problem.
-
Jun Zhao commented
Ideally there should be a way to input Second Element of an asset - so Grants/Discounts received from assets purchase are recorded properly
-
Lyn Birnie, Treasurer commented
This is important also for when grants are received for fixed asset purchases