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Small and medium business | Business Central, N...
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How do I set up land as a fixed asset?

Posted on by 10

I am a brand new to NAV and I am trying to set up fixed assets for my company. How do I set up land? The system wants to force me to use a depreciation book even though land is not depreciated. I set up the asset and used the standard depreciation book and straight-line depreciation, but now when I run depreciation I am getting an error because I have not set the useful life for the asset. How do I set up land so it either doesn't require a depreciation book or the system knows to skip that asset when running depreciation?

  • Suggested answer
    Bilal Haider Profile Picture
    Bilal Haider 45 on at
    RE: How do I set up land as a fixed asset?

    Someone else has also posted the same question. 

    If you want to skip the asset when running depreciation report use the depreciation method as Manual then this asset will not to be considered for depreciation.

    Further information as:

    3618.Depreciation-of-lands.PNG

  • Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: How do I set up land as a fixed asset?

    moved to the nav forum

  • Junaid Idrees Profile Picture
    Junaid Idrees 12,746 on at
    RE: How do I set up land as a fixed asset?

    Hi Cathryn Fisk,

    This forum is for D365 Finance and Operaton. One of the Moderator will move your thread to Business Central or Navision.

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