Fixed asset - cash discount deduction - negative net book value
Hi,
A fixed asset can be acquired and fully depreciated to a net book value of $0.00. If the deduct cash discount parameter is active and the invoice is paid after the fixed asset is fully depreciated, a negative net book value can result.
Fixed asset roll forward report does not consider all transaction types
Report fixed asset roll forward cannot be used for entities that have specific transaction types, i.e. for Poland/Czech where we have pre acquisition or OB depreciation transaction type.
This was reported under:
Fixed asset depreciation rounding form
In Finland tax law sets limit to maximum depreciation amount. In D365 it is not possible to set rounding form for fixed asset depreciation. Can you consider the possibility to add a new parameter to set rounding form downward so the maximum amount set by tax authorities is not exceeded?
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The depreciation periods should consider number of days logic for leap years
Issue description: The system does not consider Leap years while calculating the depreciation periods. The issue is closed as by design: https://fix.lcs.dynamics.com/Issue/Details?bugId=391951&dbType=3&qc=09265b9271d5a84764ae14419c64da38d9532c3eb69795d89ccd960d29980ac3 Workaround: We need to cr...
Depreciation proposal calculates questionable amounts
When posting an acquisition in january and posting an acquisition adjustment in march at the same time and then the user starts the depreciation proposal (for april) the system calculates questionable depreciation amounts for this fixed asset.
Possibility to run depreciation for fixed asset with negative acquisition value
Several customers have fixed assets With negative acquisition values. In the present solution, these fixed assets are not included in the depreciation proposal, and must therefore be handled manually. We suggest that it should be possible to include fixed assets with at negative acquisition va...
Thrilled to announce this feature released in 2022 Release Wave 1 APP 10.0.24.
Sincerely,
Mohamed Aamer
PM, Microsoft
On the Fixed asset Balance report- There is no date field to run the report
On any report there is a Date field to filter the reports based on the reports and when you want to filter on the report Fixed asset balance there is no date field. This should be made available
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.
Sincerely,
Mohamed Aamer, PM,
Microsoft.
Formalise the counting of fixed assets
Can we have some function in the application that allows users to formalise the counting of fixed assets? Information required during counting include the ability to choose which asset groups need to be counted, date of asset count, the person who counted, use of mobile devices to perfor...
Thank you for the suggestion! We will track and consider this request for a future release.
Regards,
Kim Nelson, Program Manager
Microsoft
Management of a useful life of an Asset
The useful life of an asset has a significant impact on the depreciation of the Fixed Asset. If the useful life of a Fixed Asset is reduced then the amount of depreciation will increase and vice versa. At present the useful life of a Fixed Asset is a field which can be readily upda...
Thank you for your feedback. 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.
Sincerely,
Sara Schilke
PM, Microsoft
Tick box not allowing Round off depreciation parameter to apply for a final depreciation payment
When the Round off depreciation parameter is set to 1.00, the system creates an additional depreciation period where the remaining cents between 0.01 to 0.49 to be depreciated.
The idea here is the following:
Within the book setup, when the user inserts in the...
Administrator
Thank you for the suggestion! Currently the payment with cash discount needs to be posted to a fixed asset, the system validates if the book is closed and if the NBV will be negative the payment transaction will not affect the fixed asset book.
Regards,
Mohamed Aamer, Program Manager
Microsoft