Dynamics 365 CommunityForums Finance forum Fixed asset already ac...

Fixed asset already acquired needs value reduction due to discount

(0) Share

Report

Posted on by Community member

In Dynamics 365 Finance & Operations, what is the recommended approach to reduce Fixed Asset value after it is acquired, due to purchase discount given later on?

Categories:

Financial Management

All responses (3)

Answers (0)

Hana Xue Microsoft Employee on at

Like (0)

Report

Fixed asset already acquired needs value reduction due to discount

Hi,
You can check out the link below:
Fixed asset acquisition posting accounts - Finance | Dynamics 365 | Microsoft Learn
Best Regards,
Hana
Indrashis 60 on at

Like (0)

Report

Fixed asset already acquired needs value reduction due to discount

If you perform acquisition adjustment to accommodate the purchase discount obtained for the fixed asset procurement, then the offset account for acquisition adjustment is supposed to be Discount Received.
Suggested answer

BillurSamdancioglu 13,777 Most Valuable Professional on at

Like (0)

Report

Fixed asset already acquired needs value reduction due to discount

Hi,

You may use GL journal and asset line could be the acquisition adjustment type