diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index c788d5265a7..05d575ac822 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -410,6 +410,9 @@ class Asset(AccountsController):
 			)
 
 	def validate_asset_finance_books(self, row):
+		row.expected_value_after_useful_life = flt(
+			row.expected_value_after_useful_life, self.precision("gross_purchase_amount")
+		)
 		if flt(row.expected_value_after_useful_life) >= flt(self.gross_purchase_amount):
 			frappe.throw(
 				_("Row {0}: Expected Value After Useful Life must be less than Gross Purchase Amount").format(
@@ -430,7 +433,10 @@ class Asset(AccountsController):
 			self.opening_accumulated_depreciation = 0
 			self.opening_number_of_booked_depreciations = 0
 		else:
-			depreciable_amount = flt(self.gross_purchase_amount) - flt(row.expected_value_after_useful_life)
+			depreciable_amount = flt(
+				flt(self.gross_purchase_amount) - flt(row.expected_value_after_useful_life),
+				self.precision("gross_purchase_amount"),
+			)
 			if flt(self.opening_accumulated_depreciation) > depreciable_amount:
 				frappe.throw(
 					_("Opening Accumulated Depreciation must be less than or equal to {0}").format(