Small and medium business | Business Central, N...

How do I set up land as a fixed asset?

Like (0) Share

Report

Posted on 15 Oct 2020 17:23:07 by Cathryn Fisk

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?

All responses (3)

Answers (0)

Suggested answer

Bilal Haider 246 on 16 Oct 2020 at 13:39:42

Like (0)

Report

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:
Ludwig Reinhard Microsoft Employee on 16 Oct 2020 at 03:56:48

Like (1)

Report

RE: How do I set up land as a fixed asset?

moved to the nav forum
Junaid Idrees on 15 Oct 2020 at 18:05:47

Like (0)

Report

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.