diff --git a/erpnext/__init__.py b/erpnext/__init__.py
index f6fd5caca94..701217759c2 100644
--- a/erpnext/__init__.py
+++ b/erpnext/__init__.py
@@ -5,7 +5,7 @@ import frappe
 from erpnext.hooks import regional_overrides
 from frappe.utils import getdate
 
-__version__ = '12.9.3'
+__version__ = '12.9.4'
 
 def get_default_company(user=None):
 	'''Get default company for user'''
diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index d56549f7d90..ad7edd1ead2 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -126,6 +126,8 @@ class Asset(AccountsController):
 			frappe.throw(_("Available-for-use Date should be after purchase date"))
 	
 	def validate_gross_and_purchase_amount(self):
+		if self.is_existing_asset: return
+		
 		if self.gross_purchase_amount and self.gross_purchase_amount != self.purchase_receipt_amount:
 			frappe.throw(_("Gross Purchase Amount should be {} to purchase amount of one single Asset. {}\
 				Please do not book expense of multiple assets against one single Asset.")