Fixed asset depreciation conventions - Full year
The range of fixed asset depreciation conventions should be expanded with a selection for Full Year. This would be useful for tax depreciations where the depreciation should be calculated for the whole first year regardless of the acquisition date.
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...
Control on Fixed Assets multiple depreciation
When running a depreciation proposal for a set fixed asset and date, the system allows users to re-run the depreciation proposal for the same fixed asset and date and allows the same entries ...
Glad to share with you it is included in APP 10.0.21.
Regards,
Sincerely,
Mohamed Aamer
PM, Microsoft
After running the fixed assets reclassification proposal, the book in the newly created fixed asset remains the same of previous fixed asset group.
Currently when reclassifying the FA under construction to a new FA the values from the FA under construction are taken while the values from the new FA should be taken. After running the fixed assets reclassification proposal, the book in the newly created fixed asset remains the same of previ...
Adding the columns for reclassification (for acquisition and depreciation) in the fixed asset roll forward report
In Germany we have to report a reclassification of fixed assets. If we use the function "reclassification" in fixed assets, we can not report them in the fixed asset roll forward report because there are no special columns for the reclassification transactions. We only find them in the fixed ...
Fixed Asset Reverse CR Bank
Have you tried before to make an Acquisition by a bank account?
by using the following accounting entry:
DR Fixed ...
Fixed asset disposal date to be different than posting date
user may receive information that fixed asset should be disposed after some times.
Depreciation have been posted and fiscal periods are closed for transaction.
Nonetheless fixed asset disposal should be considered on correct date even if posting date is different.
Fixed Assets - FA periodical stocktaking
Request:
We hear from more and more Customers their requests regarding the process in FA management:
- Perform the periodic stocktaking of Fixed Assets (preferably with the barcode/RFID usage).
- System should allow running p...
STATUS DETAILSNew
Add workflow to Fixed Asset disposal
Disposal of a Fixed Asset either by scrap or sale is a big decision and can have a material impact on business if the asset is not disposed at the correct value or ensuring it cannot be put to productive use. The proposed new feature is to have a workflow approval associated with the disposal of...
Mohamed Aamer, PM,
Microsoft.
Liability fixed asset
Companies with fixed assets that generate financial statements based on IFRS must revalue their fixed assets, e.g. aircraft and shipping companies. This may result in separate fixed assets that must be depreciated with a different service life than the fixed asset the new fixed asset is relate...
Thrilled to announce this feature released in 2022 Release Wave 1 APP 10.0.24.
Sincerely,
Mohamed Aamer
PM, Microsoft
Administrator
Thank you for the suggestion! We will track and consider this request for a future release.
Regards,
Kim Nelson, Program Manager
Microsoft