Fixed Assets Depreciation Error: Target Date’s fiscal year may not be greater than the current fiscal year for the selected book

You might get an error when trying to depreciate your assets upon the new year as below:

“Target Date’s fiscal year may not be greater than the current fiscal year for the selected book”

Solution:

Current Fiscal Year for your book is not the current year, to correct this, just go to "Microsoft Dynamics GP menu >> Tools >> Setup >> Fixed Assets >> Book" and make sure that the "Current Fiscal Year" is set to the current year as shown below:

Regards,
--
Mohammad R. Daoud - CTO
MVP, MCP, MCT, MCBMSP, MCTS, MCBMSS
+962 - 79 - 999 65 85 
mohdaoud@gmail.com
mohdaoud.blogspot.com