Validation Rules: Complete Reference

Use this section to review the validation rules for fixed asset groups, including rules for the group name, depreciation parameters, and GL accounts.

Group Name

Rule Error
Must not be empty Group name is required
Must be unique per company A group with this name already exists
Max 255 characters Name exceeds maximum length

Depreciation Parameters

Rule Error
Depreciation method must be a valid value (1-4) Invalid depreciation method
Cannot change depreciation method when assets are assigned Cannot change depreciation method when assets are assigned to this group
Depreciation percentage must be between 1 and 100 Depreciation percentage out of range
Depreciation percentage is required for Reducing Balance Depreciation percentage is required for this method
Depreciation percentage is not allowed for other methods Depreciation percentage is not allowed for this method
Cannot change depreciation percentage when assets are assigned Cannot change depreciation percentage when assets are assigned
Useful life must be greater than 0 Useful life must be positive
Useful life is required for Straight Line, Double Declining, Sum of Years Useful life is required for this method
Useful life is not allowed for Reducing Balance Useful life is not allowed for this method
Cannot change useful life when assets are assigned Cannot change useful life when assets are assigned

GL Accounts

Rule Error
Account must exist Finance account does not exist
Account must belong to the same company Finance account belongs to another company
Account must not be blocked Finance account is blocked
Account must be automatic (not manual) Finance account must be automatic
Asset and Accumulated Depreciation accounts must be balance sheet accounts Finance account must be a balance sheet account
Depreciation Expense, Revaluation, and Disposal accounts must be operating accounts Finance account must be an operating account
Account must not be used elsewhere in the financial configuration This account cannot be used for fixed asset groups
Cannot change account if transactions exist for assets in this group Account cannot be changed because transactions have been posted