web
You’re offline. This is a read only version of the page.
close
Skip to main content
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / Fixed assets intercomp...
Finance | Project Operations, Human Resources, ...
Suggested answer

Fixed assets intercompany accounting

(0) ShareShare
ReportReport
Posted on by AB-06091436-0
Hi all, 
 
I have a question regarding intercompany fixed assets purchasing between a legal entity in France and UK. 
The France legal entity will be purchasing the fixed assets from the UK entity and the France chart of accounts include a France from UK Creditors control account fixed assets.
The question is what will be the process in D356 F&O to transfer fixed assets from UK entity to France entity and how the posting profiles should be setup to the main account for France from UK Creditors control account fixed assets.
 
Thanks in advances
I have the same question (0)
  • Suggested answer
    Ramit Paul Profile Picture
    Ramit Paul 22,797 Most Valuable Professional on at
    Fixed assets intercompany accounting
    Hi,
     
    Good Point, Currently there is no standard functionality to cater this by automation, like disposing the asset in source company and acquiring in destination company.
     
    The reason is, still we can not dispose asset by using sales order, for this automation you can refer to this functionality developed by one of the partner- https://mazikglobal.com/fixed-assets-inter-company-transfers/
     
    Or if you want to follow manual approach, you can still create manual PO in destination LE, and creating Fa sales in source LE.
     
    Note- I do not advocate any partner, however it just happened to be come across while researching, hence shared, you may take wise decision.
     
     
  • Suggested answer
    Hana Xue Profile Picture
    Hana Xue Microsoft Employee on at
    Fixed assets intercompany accounting
    Hi,
    Intercompany transfers of fixed assets between legal entities involve multiple steps, including configuring posting templates and setting up intercompany accounting. The system does not have standard functions. For related content on inter-company accounting, you can also check this link.
    Intercompany accounting in Dynamics 365 Finance - Training | Microsoft Learn
    For information on the process of transferring assets between companies, you can refer to Russia’s documentation on transferring assets. (RUS) Transfer assets between companies | Microsoft Learn
    Best Regards,
    Hana
  • AB-06091436-0 Profile Picture
    AB-06091436-0 on at
    Fixed assets intercompany accounting
     
    Could you plaese provide more details on the manual process and how the posting will look like if you are using a dedicated intercompany control account for fixed assets?

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

News and Announcements

Join experts in person to explore low code and AI agents at the Power Platform Community Conference sponsored by Microsoft

Quick Links

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Abhilash Warrier – Community Spotlight

We are honored to recognize Abhilash Warrier as our Community Spotlight honoree for…

Congratulations to the September Top 10 Community Leaders!

These are the community rock stars!

Leaderboard > Finance | Project Operations, Human Resources, AX, GP, SL

#1
CA Neeraj Kumar Profile Picture

CA Neeraj Kumar 1,964

#2
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 823 Super User 2025 Season 2

#3
Sohaib Cheema Profile Picture

Sohaib Cheema 564 User Group Leader

Last 30 days Overall leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP

Product updates

Dynamics 365 release plans