Error: This transaction contains an invalid transaction amount. The post status will be set to Do Not Post

When calculating depreciation you may get Error: This transaction contains an invalid transaction amount. The post status will be set to Do Not Post, if on the asset's General tab, the Convention field is set to Zero in first month, The zero dollar depreciation will need to have a status of Do Not Post.

To calculate depreciation, select one of the following options: 
 

  • When calculating depreciation, select Do Not Post for the post status Calculate depreciation for the first period (This is the period in which you have Zero in the first month) Calculate the remaining Depreciation
  • Change the convention on the Asset
  • Open the asset record, select the Activity tab and create a new period depreciation adjustment for the first month being zero, then calculate the remaining depreciation

Environment

 Financial Edge

Was this article helpful?


Thanks for your feedback! Did this solve your issue?

Comments (optional):


Thanks for your feedback!
We're glad it was helpful but sorry it didn’t solve your issue. If you need assistance, click Chat with Support below.
We’re sorry to hear that. Please tell us why.

 I don't like how this works.

 The answer is confusing.

 The answer didn't match what I was searching for.

Additional Comments (optional):


Thanks for your feedback! If you need assistance, click Chat with Support below.
Thanks for your feedback. Help us make our products even better by sharing details in our Idea Banks or our online Community.
Thanks for letting us know. We'll work on clarifying the information in the article. If you need assistance, click Chat with Support below.
Thanks for letting us know. We'll work on updating the search engine to return more relevant results.