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...
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
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...
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...
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.
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.
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.
"Reclassification acquisition cost" and "Reclassification of cumulative depreciation" as posting types
In the fixed assets area, reclassifications of fixed assets (from one group to another) are covered by a functionality in D365 (mainly from "under contruction" to the final asset group), not by a posting entry.
However, from financial reporting perspective reclassifications need to be t...
Changing status to Under Review
Add an option to have placed in service equal date to acquisition date.
In Fixed asset parameters, we should have an option to have placed in service date = acquisition date. If this option is NO, Customer should be able to select placed in service directly in acquisition journal. If placed in service is then empty, then deprecation should be blocked. Some custo...
Mohamed Aamer, PM,
Microsoft.
Depreciation should be calculated on Net book Value and not acquisition value
Depreciation for Fixed assets with Reducing balance should be calculated based on Net book value even if the asset opening transactions are posted in the within of the financial year. Currently, system ignores the depreciation opening transactions if posted in the within of the financial year ...
Depreciation convention Full Year
Customers have a need to calculate Tax layer depreciation for the full year regardless of the acquisition date. If Depreciation convention could be set to Full year when setting up a new Fixed asset, the user does not have to remember to change the Placed in service date in order to calculate Tax...
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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.