# Issue in Fixed Asset Summary when adding new fixed asset **URL:** \ **Category:** Uncategorized\ **Created:** [April 22, 2024, 8:42am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044 "2024-04-22T08:42:05Z")\ **Posts on this page:** 11\ **Page:** 1
**Author:** ![aoboau](https://avatars.discourse-cdn.com/v4/letter/a/b9bd4f/32.png) [@aoboau](https://forum.manager.io/u/aoboau)\ **Post date:** [April 22, 2024, 8:42am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/1 "2024-04-22T08:42:05Z")
When adding new fixed asset, it incorrectly recorded payment as profit in the Fixed Asset Summary. Manager version 24.4.17.1441 Steps to rep: 1. install new manager app (Mac) 2. create a new business with basic setup 3. create a new fixed Asset 1 4. add a new payment, allocate to Account Fixed assets, at cost - Fixed Asset - Asset 1 $100 5. add a new Report - Fixed Asset Summary 6. in the report, Acquisition cost 100, Profit (loss) 100.00, Closing balance 200 7. there was no relevant receipt transaction manager backup file for analysis: [TEST (2024-04-22).manager](https://forum.manager.io/uploads/short-url/jd6eXUvaI2hu3wIBCesno0dHWmz.manager) (112 KB) ---
**Author:** ![Joe91](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/joe91/32/35781_2.png) [@Joe91](https://forum.manager.io/u/Joe91)\ **Post date:** [April 22, 2024, 8:51am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/2 "2024-04-22T08:51:32Z")
Please show the edit screen of the payment transaction ---
**Author:** ![Joe91](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/joe91/32/35781_2.png) [@Joe91](https://forum.manager.io/u/Joe91)\ **Post date:** [April 22, 2024, 8:52am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/3 "2024-04-22T08:52:43Z")
Avd the edit scree of the receipt transaction ---
**Author:** ![aoboau](https://avatars.discourse-cdn.com/v4/letter/a/b9bd4f/32.png) [@aoboau](https://forum.manager.io/u/aoboau)\ **Post date:** [April 22, 2024, 9:01am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/4 "2024-04-22T09:01:49Z")
updated with edit payment and manager backup file ---
**Author:** ![aoboau](https://avatars.discourse-cdn.com/v4/letter/a/b9bd4f/32.png) [@aoboau](https://forum.manager.io/u/aoboau)\ **Post date:** [April 22, 2024, 9:05am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/5 "2024-04-22T09:05:26Z")
updated receipt list and edit receipt screen. there was no relevant receipt transaction for the fixed asset. ---
**Author:** ![eko](https://avatars.discourse-cdn.com/v4/letter/e/a8b319/32.png) [@eko](https://forum.manager.io/u/eko)\ **Post date:** [April 22, 2024, 10:20am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/6 "2024-04-22T10:20:41Z")
The report date is the same as the payment date. Just edit the payment to a day earlier or wait until tomorrow. The figures then show correct. However, I agree that @Lubos should look into this as in the unlikely event that someone generates the report on the day of making Fixed asset payments these could distort the report. ---
**Author:** ![aoboau](https://avatars.discourse-cdn.com/v4/letter/a/b9bd4f/32.png) [@aoboau](https://forum.manager.io/u/aoboau)\ **Post date:** [April 22, 2024, 10:39am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/7 "2024-04-22T10:39:40Z")
Thanks. But I think this is not an unlikely event. All new fixed asset entries in the reporting period were incorrect. Please try this case. 1. edit the payment to 22/01/2024 2. edit the fixed asset summary period to From 01/01/2024 To 31/03/2024 to show the summary in 2024Q3 3. add an new asset Asset 2 4. create new payment on 01/03/2024 for Asset 2 $500 5. open fixed asset summary, both entries were wrong PS. looks like the Profit (loss) was associated to the data of Acquisition cost. Should be easy to fix. 🙂 New data file: [TEST (2024-04-22).manager](https://forum.manager.io/uploads/short-url/yYtCa2c9bluDL9BFuPwZ4aktmLB.manager) (116 KB) ---
**Author:** ![aoboau](https://avatars.discourse-cdn.com/v4/letter/a/b9bd4f/32.png) [@aoboau](https://forum.manager.io/u/aoboau)\ **Post date:** [April 22, 2024, 10:41am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/8 "2024-04-22T10:41:25Z")
![image](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/8/3/8351398a51834c8dd65b271860821f5ecac63ffd.png) ---
**Author:** ![aoboau](https://avatars.discourse-cdn.com/v4/letter/a/b9bd4f/32.png) [@aoboau](https://forum.manager.io/u/aoboau)\ **Post date:** [April 24, 2024, 12:23am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/9 "2024-04-24T00:23:24Z")
in the latest version 24.4.24.1461, this issue is till there. Just found the Accumulated depreciation calculation is having issue as well. Please see screenshot and demo file uploaded. @lubos ![image](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/a/b/abc866a6b2500e9530696b25a92896c766fcc8ea.png) ![image](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/3X/1/6/16a01a296292ee62e289e8e0d4760116bb58c0af.png) [TEST (2024-04-24).manager](https://forum.manager.io/uploads/short-url/gcbeIHY4KNHK3DfEQzxnvudnG82.manager) (116 KB) ---
**Author:** ![compuit](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/compuit/32/66_2.png) [@compuit](https://forum.manager.io/u/compuit)\ **Post date:** [May 9, 2024, 10:49am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/10 "2024-05-09T10:49:09Z")
Test with the reporting period set to the current financial year… ie. Date period for report set to say 01 Apr 2024 to 31 Mar 2025 or whatever your current FY may be. Does the report then appear correct? ---
**Author:** ![eko](https://avatars.discourse-cdn.com/v4/letter/e/a8b319/32.png) [@eko](https://forum.manager.io/u/eko)\ **Post date:** [May 9, 2024, 11:15am UTC](https://forum.manager.io/t/issue-in-fixed-asset-summary-when-adding-new-fixed-asset/53044/11 "2024-05-09T11:15:10Z")
Please have a look at [https://www2.manager.io/guides/25021](https://www2.manager.io/guides/25021) especially the warnings/notices