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The useful life of an asset has a significant impact on the depreciation of the Fixed Asset.  If the useful life of a Fixed Asset is reduced then the amount of depreciation will increase and vice versa.  At present the useful life of a Fixed Asset is a field which can be readily updated.  This feature request is to have two things:
- Workflow to approve a change in the useful life.  This workflow could be used to approve other changes to the Fixed Asset master such changes switching depreciation on and off via "Calculate deprecation"
- Track the history of these changes so that there is a record of them.
Category: Fixed assets
STATUS DETAILS
Under Review
Ideas Administrator

Thank you for your feedback. 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,

Sara Schilke 

PM, Microsoft

Comments

R

This functionality would be very useful.

Category: Fixed assets