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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / FA averaging convention
Microsoft Dynamics AX (Archived)

FA averaging convention

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Posted on by Samkh 6

Hi,

We want that if the asset is acquired through any date this month, then the depreciation will start the first day of the next month. Any FA averaging convention that can do that?

Thanks

Sam

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  • Suggested answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    Hello Sam,

    I assume that you already checked all the available depreciation conventions, right?

    If you haven't been able to find what you need then you have to make a modification that defines that the depreciation starts the first day of the following month. This should be a minor adjustment that applies to your FA books.

    Best regards

    Ludwig

  • Verified answer
    Mahmoud Hakim Profile Picture
    Mahmoud Hakim 17,887 on at

    you need some customization

  • Samkh Profile Picture
    Samkh 6 on at

    Hi Ludwig,

    Thanks for the feedback!

    I have checked all of them, the definitions in technet and docs at Microsoft, as well checked the URL tryst-with-dynamics.blogspot.com/.../fixed-assets-depreciation-conventions.html

    None of the documentation mentions about the requirement that I have 'if the asset is acquired through any date this month, then the depreciation will start the first day of the next month'

    I am trying to avoid another customization

    Any thoughts?

  • Verified answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    Hello Sam,

    If you do not like a customization then you can use MS Flow. I just checked the available data entities that are available and believe that you can create a flow that updates the date value. Needs a bit of testing and setup but that should work.

    Best regards,

    Ludwig

  • Samkh Profile Picture
    Samkh 6 on at

    I got it. Thanks

    Sam

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