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I am trying to split an asset (drill and cart) that was purchased in 2018 because we have now, in 2022, traded in the cart. Problem is I am getting a warning message when trying to fill in the split page "The purchase date for this asset is outside the current fiscal year. The purchase date must be in the fiscal year- enter the purchase date again." but It wasn't purchased in this fiscal year.
Hi Karen!
In order to get around this, you actually need to go back to the 2018 fiscal year, since that is the year of purchase. Go to Setup > Fiscal Years, and change your current fiscal year to 2018.
You will be able to do the split without this message appearing. This happens because the split is happening on a piece that was purchased, rather than simply added to the list, and the software can't reconcile the dates properly. Once you have completed the split, go back to the current year to continue your transaction entry.
Let us know if you need anything else. Thank you very much!