Fixed Asset Troubleshooting: To Change the Salvage Value of an Asset

If the estimation of the salvage value of an asset has changed, you change the estimated salvage value in the asset record accordingly. You use the General tab of the Fixed Assets (FA303000) form to change the salvage value of the selected asset.

To Change the Salvage Value of an Asset

  1. Open the Fixed Assets (FA303000) form.
  2. In the Asset ID box, select the asset whose net book value you want to change.
  3. On the General tab (Asset Summary section), in the Salvage Amount box, specify the new estimation of the asset's book value at the end of its useful life.
  4. On the form toolbar, click Save.