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Fixed Asset: Enter Adjustment Function

Use the Enter Adjustment function in Coins to edit the purchase price, written down value (WDV), or depreciation method of a fixed asset that has already been posted.

Once a fixed asset is posted in Coins, fields such as the purchase price and depreciation method are not available to edit directly. Use the Enter Adjustment feature to modify these values without reversing the original posting.

You need access to the Fixed Asset module in Coins to complete these steps.


Enter an adjustment

Fixed asset record showing the purchase price field unavailable after posting.

Fixed asset record showing the depreciation method field unavailable after posting.

Fixes Assets > Enter Adjustments > Add a new adjustment record

Enter Adjustment option in the Fixed Asset module.

Enter the asset number for the asset that needs adjusting, then press Next

Enter Adjustment screen in Coins.

📌Note: Enter Adjustment can be used to change the following on a posted fixed asset:

  • Purchase price.

  • Written down value (WDV).

  • Depreciation method.

  1. Open the Enter Adjustment screen for the fixed asset you want to modify, then enter the updated values. You can change the purchase price, written down value (WDV), depreciation method, or other available fields.

    Enter Adjustment screen showing all adjustable fields.

    Enter Adjustment screen with updated WDV and depreciation method values.

  2. Save the record.

  3. Return to the Enter Adjustment screen and click OK to post using the action button.

    Enter Adjustment screen showing the action button to post the adjustment.

  4. Select the correct period and process the batch adjustment.

    Period selection screen for the batch adjustment.

  5. Select the newly created batch and post it.

    Batch list showing the newly created adjustment batch ready for posting.

The adjustment has now been made and can be confirmed by checking the asset details record and

Batch details showing the fixed asset adjustment entries.

Fixed asset record updated after the adjustment batch has been posted.
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