Depreciation in bulk (Proposal) in AX D 365 F&O

Depreciation in AX D 365 F&O

In AX 2012 R3

  • For the computation of Depreciation in AX 2012, R3 provides two books. Both have their importance and client use this book as per need.
  1. Valuation model
  2. Depreciation book
  • Value Model Depreciation should always be initiated through the Fixed Assets Journal. (Fixed assets | Journals | Fixed assets).
  • Depreciation Book (Tax Book) Depreciation should always be initiated through the Depreciation Book Journal. (Fixed Assets | Journals | Depreciation book journal).

In AX D365 Finance and operation

  • However, in AX D 365 Finance and operation the value model functionality and depreciation book functionality have been merged into a single concept that is known as a “book”.

Depreciation in AX D 365 F&O

  • Here we assume that client has already configured “book” For asset and already has an asset in AX, so we directly focus on the depreciation part.
  • As previously mentioned we concentrate on “book” so, we directly go to fixed assets journal.
  • Go to Journal entries > fixed assets journal.

Depreciation in AX D 365 F&O

  • Create a fixed asset journal by a new button with following journal type.

Depreciation in AX D 365 F&O

  • Journal type should be “Post Fixed assets”.

Depreciation in AX D 365 F&O

  • Then go to lines of that journal and click on proposals and select depreciation proposals.

Depreciation in AX D 365 F&O

  • Afterward, select parameters to run depreciation like Book or fixed assets number.
  • The date given on parameter is very relevant for running depreciation as the system calculates Depreciation till that date from the acquisition date or start of the financial year.

Depreciation in AX D 365 F&O

  • Below is the screenshot of my depreciation proposal result as per the parameter I have selected in the above screenshot. Then, if you are satisfied with result you can post the journal.

Depreciation in AX D 365 F&O

 

 

 

 

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Pranav Patil
I am a Functional Consultant (Chartered Accountant) at Dev Information Technology Ltd. I have 2 years of experience in Microsoft Dynamics AX/Dynamics 365 (ERP) and have worked on projects in private sector.
Pranav Patil

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