Forum Discussion

mtencate's avatar
5 months ago

Delete Asset from Fixed Asset Register

I am hoping someone can provide some guidance.  I have just started in a new role and this is the first time using MYOB EXO fixed assets.  When reconciling with the GL, I found an asset that came up in the list that had not been added to the asset register so I added it to get That specific GL account to reconcile.  I have since discovered that my predecessor had already added this asset manually to a differed asset category so now it is appearing twice in the asset register.

Both assets have had depreciation transactions against them although the one I added has only had the one depreciation post in January 2025.  I am wanting to delete the one that I added completely so that the register does not show any depreciation for this asset (I can then manually adjust the GL to reverse the depreciation posted).

Is there a way to do this?

Or does anyone have any other recommendations to fix this?

Thanks,

Michelle