this is for AU localization.
1: Create a normal fixed asset
2: Do the depreciation
3: Transfer it to the low-value pool
4: The original fixed asset account was not cleared. And don’t have a chance to disposal it.
the acquisition account and depreciation account need to be cleared when the original fixed asset transferred to the lower-value pool
Comments
We are also facing this issue. Dynamics allows to transferred the balance amount to low value pool asset. Hence, the accumulated depreciation value and its equal acquisition value is keep remaining on the original asset. Need a solution to clear these values from FA sub-ledger and General ledger.
Category: Fixed assets