PTP Help Centre | PTP Software Support | IRIS

When generating the Fixed asset schedule PTP compares the brought forward figures in the current year with the carried forward figures in the comparative year, if there is a difference between the two years figures PTPassumes a revaluation has taken place.

To clear this error, ensure that the cost brought forward, plus additions, less disposals in the previous year, agrees to the figure brought forward this year.  Also ensure that the depreciation brought forward, plus charge for year, less elimination on disposal in the previous year agrees to the figure brought forward this year.  

If you do not have comparatives you will need to follow the steps outlined above “How do I generate a report without comparative?”.

If this is the businesses first year, check that fixed assets have been posted to the Additions accounts and not to the Cost account, similarly check that the depreciation has been posted to the Charge for the year account and not to the Accumulated depreciation account.