Need to Calculate Depreciation on Negative Fixed Assets
Currently, the D365 system will not calculate depreciation on assets with a negative basis (acquisition price.) This is causing us to track these assets in Excel and manually record depreciation expense. Can you please consider adding this functionality?
IFRS16 - Leased Assets
A new international accounting standard for leased assets (IFRS16) has requirements to capitalise all leases regardless of whether they are financial or operating leases.
Microsoft have advised via the IFRS support document ( Read more...
Glad to share with you the ongoing incorporation effort to include Asset leasing module under Microsoft Dynamics 365 Finance to support IFRS 16 and US GAAP ASC 842.
Please review Wave 2 Release note.
Sincerely,
Mohamed Aamer
PM, Microsoft
Fixed assets depreciation simulation reports
Some customers post depreciation once a year. In between they simulate depreciation for financial report but also adjust company strategy. At year end, they may change depreciation profile to adapt to fiscal possibility. There is no report to simulate depreciation by fixed asset (detail or sum...
Fixed Asset - GL reconciliation information
Hi, Currently, we do not have a report that allows us reconciling fixed asset and ledger balances. It would be great if you could either create a new reconciliation report or - alternatively - add the following columns to the fixed asset balances report: - Acquisition date - Amortization perio...
Thank you for your feedback. This is a great suggestion! We will consider this in our roadmap.
Report: Fixed asset balances - Add filter "Balances per"
The report "Fixed asset balances" provides a good overview about all different balances in the asset accounting (aquisition, depreciation, net book value, etc).
These balances are very important for the year-end reporting in each company. But unfortunately there is no filter to c...
Thank you for the suggestion! We will track and consider this request for a future release.
Regards,
Kim Nelson, Program Manager
Microsoft
Allowing received and invoiced item quantities to be split into individual fixed assets.
When purchase lines are marked create new asset, and the items are received and invoiced as new fixed asset only one fixed asset is created, even though the qurantity is more than one. The invoiced quantity is admittedly present on the fixed asset, but in some scenarios there is a ne...
Thank you for your feedback. This is a great suggestion! We will consider this in our roadmap.
Sincerely,
Sara Schilke
PM, Microsoft
Fixed Asset NBV (Net book Value) Detailed Report
The fixed asset module is missing a singel detailed report which includes the following:-
1. Opening NBV balance
2. Opening Acquisition Cost
3. Additions for period
4. Opening Disposal amount
5. Disposal for periods
6. Closing Acq. ...
Updating status to planned short-term.
Depreciation adjustment should use historic exchange rate for reporting currency.
When a depreciation adjustment is made to a fixed asset, the exchange rate taken to convert accounting currency into reporting currency is the transaction date. This is causing inconsistencies in the reporting currency when the asset is fully depreciated. The suggested behavior would be to use th...
Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, besides if there are accounting standard you could share to support the idea that would help. We may consider it in the future.
Mohamed Aamer, PM,
Microsoft.
Allow depreciation to be calculated on negative assets
When a negative fixed asset is acquired, you must set "allow negative net book value" on the fixed asset. However, when a negative fixed asset is depreciated Dynamics 365 for Finance and Operations cannot calculate a depreciation proposal. The periodic depreciation therefore must be calculated...
Have a dynamic "as of date" for running the fixed asset depreciation proposal in a batch job
If would be useful if instead of having to select a date on the fixed asset depreciation proposal form we could select other criteria such as last period fiscal day or last year fiscal day etc... This way we could set the depreciation proposal to run in recurring batch jobs.
Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, we may consider it in the future.
Mohamed Aamer, PM,
Microsoft.
Administrator
Thank you for your feedback. This is under review.
Sincerely,
Mohamed Aamer
PM, Microsoft