The Cumulative Depreciation and Net Book Value fields were not populated after importing new Asset Records. Upon checking the Asset Values List, Asset Value Records were not created for the Asset imported.
Solution
The missing values usually happen when the Run Server SuiteScript and Trigger Workflows are not marked under the Advanced Options during the CSV import of the Asset. To show the missing values of the Cumulative Depreciation and the Current Net Book Value, we may follow the steps below:
Navigate to Customization > Scripting > Script Deployments
On the Filters region, set all the filters to -All- except for the filter Script
On the filter Script, select FAM Migrate to Precompute SS
Click on Edit
Set the following:
- Status = Not Scheduled
- Schedule = Single Event
Hover to Save and click Save and Execute
Navigate to Fixed Assets > Background Processing > Status
Wait for the Migrate to Depreciation Schedule process to finish
Once finished, Global Search: FAM Asset Values
Verify if the affected asset has an Asset Value Record
Edit the imported Asset Record and populate other missing values including the Net Book Value
Note: We must enable Allow Asset Values Editing under FAM System Setup in order to edit the Net Book Value Field in the Asset Record
On the General Tab, set Depreciation Active to False
Hit Save
Verify if the Cumulative Depreciation and the Net Book Value now show in the Asset Record
Once the missing Cumulative Depreciation and Net Book Value now shows, we may then Reset the Asset Values and trigger the Precompute Depreciation Values by following the steps below:
Navigate to Fixed Assets > Setup > System Setup
Click on Reset Asset Values
Wait for the Reset Asset Values Process to finish
Open the imported Asset again and check if there are no Forecasted Depreciation History Records
Once verified that there are none, edit the Asset Record and set the Depreciation Active to True under the General Tab
Hit Save
Repeat Step 1 but this time, click on the Precompute Depreciation Values button to generate a Forecasted Depreciation Schedule
Notes
The solution is also applicable for Alternate Depreciation Records
Asset Value Record with Parent Tax Method Source will pertain to the Alternate Depreciation Record