Depreciating fixed assets that are past their service life

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Posted on by Frank Hamelly | MVP...

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I've imported fixed assets and want to depreciate them based on service life. Some of the assets were already fully depreciated in the client's previous system but I want AX to calculate depreciation on them thru the end of their lives in AX. Here's an example:

Asset placed in service on 10/31/1978, (30 year life, straight line, $0 salvage, Full Month in month of service), final depreciation would have been posted on 09/30/2008.

When I run a depreciation proposal on this asset, I get no results. I would expect AX to calculate 30 years (360 periods) depreciation thru 09/30/2008 but it calculates nothing. Other assets that aren't past the end of their lives calculate properly. Am I missing a setting somewhere?

Thanks, Frank

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Community Member on at

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Frank,

Can you tell us more about the data of this fixed asset :

- Status on the value model?

- In the depreciation tab:

- Depreciation check box?

- Remaining depreciation periods?

Denis.

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Ludwig Reinhard Microsoft Employee on at

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Hi Frank,

Please check the

- acquisition date

- (last) depreciation run date

- placed in service date

and book value in the value model of your fixed asset.

There is probably something wrong with those dates.

Best regards,

Ludwig

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Frank Hamelly | MVP... 46,627 Moderator on at

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Thanks for the responses gentlemen. Here's an image of the Value model settings.

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Ludwig Reinhard Microsoft Employee on at

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Hello Frank,

Three brief questions:

(1) Has the acquisition already been posted and is e.g. not "hanging" in the subledger transactions not posted yet form?

(2) If you select the inquiry-profile option in the value model window, can you identify the depreciation plan that AX is calculating? If not, I would try changing / modifying some of the fields you show in the previous screenshot until you can identify some amounts in the depreciation profile window.

(3) In which periods do you plan to record the depreciation? If you plan to post it in 1978/1979/... do you have those periods setup as fiscal periods in your system?

Ludwig

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Frank Hamelly | MVP... 46,627 Moderator on at

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Thanks Ludwig:

1. Yes, the acquisition has been posted

2. No changes I make in the value model settings make any difference in generating a depreciation proposal

3. All periods dating back to 1/1/1978 have been setup and are open.

I'm beginning to think this may be an AX7 issue and am going to submit a support ticket on this. I'll let you know what the outcome is.

Thanks, Frank

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Frank Hamelly | MVP... 46,627 Moderator on at

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Figured it out - I had the wrong Calendar set in the Value model. Updating to the correct Calendar fixed the issue. I stumbled upon this by manually entering some assets in another company and noticed that when entering the value model details, the Depreciation run date field auto-populated, which it didn't do in the other company.

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