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Is there a way to depreciate Fixed Asset by value instead of dates?

Posted on by 4,359

Hi Community,

I see that we can depreciate a Fixed Asset base on dates, but is there a way to depreciate by how much?

If I want to ensure that the final book value is $1 only, can i Use the Default Final Rounding Amount and the Default Ending Book Value to do this?

Appreciate if you can provide a guide on how to do this.

default-rounding-amount.png

Thank you!

Thank you!

  • Suggested answer
    Jeffrey Bulanadi Profile Picture
    Jeffrey Bulanadi 644 on at
    RE: Is there a way to depreciate Fixed Asset by value instead of dates?

    Hi Josh,

    I hope this one can help as well, You can setup a user-defined depreciation method.

    docs.microsoft.com/.../fa-how-setup-user-defined-depreciation-method

  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 73,698 Super User 2024 Season 2 on at
    RE: Is there a way to depreciate Fixed Asset by value instead of dates?

    Hi, hope the following helps.

    https://docs.microsoft.com/en-us/dynamics-nav-app/fa-depreciation-methods

    There are eight methods of depreciation available:

    • Straight-Line

    • Declining-Balance 1

    • Declining-Balance 2

    • DB1/SL

    • DB2/SL

    • User-defined

    • Manual

    Thanks.

    ZHU

  • joshtechsolutions Profile Picture
    joshtechsolutions 4,359 on at
    RE: Is there a way to depreciate Fixed Asset by value instead of dates?

    Hi KTA,

    Can elaborate more on other types of FA movements?

    Thank you!

  • KTA Profile Picture
    KTA 1,200 on at
    RE: Is there a way to depreciate Fixed Asset by value instead of dates?

    Calculate depreciation it's based on dates due to it's a fiscal mandatory. If you've a not a regular depreciation, there are other type of fa movements to do that

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