Fixed Assets Annual Tax Deprication
SAGE has an annual software update that updates the changes to the IRS depreciation schedules for fixed assets. I'm working with a client that is considering not using the fixed asset module due to not having this functionality.
Depreciation periods remaining not updated for manually posted depreciation
If we are manually posting the depreciation, the "depreciation periods remaining" will not update. It is updating the “ Date when depreciation was last updated” but not the “Depreciation period remaining”.
Creating "multiple" fixed assets from a single purchase order
We want to create multiple split fixed assets from the same purchase order where the total of them will equal to the PO amount.
For example, let's say that a company purchases 50 electronic appliances for...
Functionality to define expected scrap value for fixed asset in percentage.
Presently, the expected scrap value for a fixed asset can be defined as an absolute amount and not in percentage terms. However, this is tedious as it requires manual calculation and is also prone to human error.
The expectation is to have the functionality to define the expec...
Vouchers more than 1000 lines should be posted successful when the feature “automatic split of large financial journals “is enabled.
When the Automatic split of large financial journals feature is enabled, it is not possible to post a ledger journal with more than 1000 lines in the interactive mode. The error message suggests posting such journals in the batch mode. However, there is no Post in batch option in fixed asset j...
Depreciation transactions in Fixed asset XXX Book YYY for a zero amount in the reporting currency aren’t allowed when the asset’s net book value is greater than zero in the reporting currency"
The customer has an issue in Fixed assets - "Depreciation transactions in Fixed asset XXX Book YYY for a zero amount in the reporting currency aren’t allowed when the asset’s net book value is greater than zero in the reporting currency"
Fixed asset indexed revaluation
This feature is already available as an ESP localisation Fixed asset revaluation groups - Finance | Dynamics 365 | Microsoft Docs
Fixed Assets Transfer Order Workflow
Hi,
Currently no standard workflow for Fixed Assets Transfer Order is available in D365, through which approver can Approve, Reject or can delegate response to some other approver. This should work same as of other workflows (Purchase Order, Sales Order) available in D365.
...On reclassification of asset, new asset should have depreciation setup as per new group
As per current reclass functionality, new asset has depreciation method, service life etc. details of old group, which is incorrect.
Depreciation proposal and posting issues.
Tested the scenario in USMF legal entity.
1.Go to Fixed asset > Setup > Depreciation Profiles > Click on New > Mention as Test > Method – Straight line service life > Depreciation year as Fiscal > Period Frequency as yearly
2.Go to Setup &...
Administrator
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.