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Fixed asset already acquired needs value reduction due to discount

Posted on by 6
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?
  • Hana Xue Profile Picture
    Hana Xue Microsoft Employee on at
    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 Profile Picture
    Indrashis 60 on at
    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 Profile Picture
    BillurSamdancioglu 13,777 Most Valuable Professional on at
    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 

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