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.
Comments
This functionality would be very useful.
Category: Fixed assets
Administrator on 4/28/2023 3:07:10 PM
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