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?
Derived Books are not populated when splitting fixed assets
We are using Split asset Function and our FA books are having derived books setup. When we are splitting fixed asset, derived books are not populated into the journal created. This should work similar to FA aqcuisition and FA depreciation journals . referance https://fix.lcs.dynamics.com/Issu...
Sincerely,
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...
Thrilled to announce this feature released in 2022 Release Wave 1 APP 10.0.24.
Sincerely,
Mohamed Aamer
PM, Microsoft
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 (
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
Parameter "Allow depreciation when placed in service and disposal are in the same fiscal year" should be defaulted in Fixed Asset Parameter
Parameter "Allow depreciation when placed in service and disposal are in the same fiscal year" needs to be activated on each single fixed asset book. This is the only parameter, which cannot be activated either on Fixed Asset Parameter form, Fixed Asset book setup or Fixed Asset group setup. The...
Released in APP-10.0.41.
Fixed asset budget depreciation proposal running in the background across multiple legal entities
We have hundreds of thousands of assets across 80 companies, and we have to create the budget depreciation proposal for all the legal entities for 5 years. This is taking ages. There should be a budget depreciation proposal similar to the "Create depreciation proposal" available to run in the ba...
Sincerely,
Mohamed Aamer, PM,
Microsoft.
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...
Mohamed Aamer, PM,
Microsoft.
Incorrect description in depreciation proposal
The Depreciation proposal standard transaction text gives text as Since … is misleading and wrong. Instead it should say Depr valid To and Valid From date. ref lcs link https://fix.lcs.dynamics.com/Issue/Details?bugId=499518&dbType=3&qc=3901084192882e8874a61b4ea46189811477b48671c68ff92e455deb5db9...
Pleased to announce that this feature will be released in APP 10.0.29.
Reversing the depreciation is not updating the fields 'Date when depreciation was last run' and 'depreciation periods remaining' in the asset book
After posting the depreciation for a fixed asset the values in the fields 'Date when depreciation was last run' and 'Depreciation periods remaining' are getting updated in the Asset Books. But when this depreciation transaction is reversed, these 2 fields are not getting back the original valu...
Glad to share with you the Date when depreciation was last run and depreciation periods remaining are updated in case of reversing depreciation transaction.
Mohamed Aamer, PM,
Microsoft.
Control of financial dimensions in derived books
In the fixed assets module, derived books trigger the same transaction types as defined in the books setup - derived books.
However, the use of financial dimensions is rather incomplete:
In the fixed asset journal, the entered financial dimensions are not applied in the deri...
Glad to share with you the defined financial dimensions on the journal level or journal line are copied to derived books.
Sincerely,
Mohamed Aamer
PM, Microsoft
Administrator
Thrilled to announce this feature released in 2022 Release Wave 1 APP 10.0.24.
Sincerely,
Mohamed Aamer
PM, Microsoft