Fixed asset already acquired needs value reduction due to discount

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Posted on by KT-27040950-0

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?

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BillurSamdancioglu 21,255 Most Valuable Professional on at

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Hi,

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

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Indrashis 62 on at

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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.

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Hana Xue Microsoft Employee on at

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

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