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Hi,
1. Would like to ask, how's the fixed assets capital allowance works.
2. How to setup in ax2012?
3. Is there a report for that?
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Hello Dexin,
Do you refer to a fixed asset related budget amount that shall not be exceeded?
This can be setup in combination with the budgeting module.
The process for this is recording the fixed asset budget at the fixed asset level and then transferring the fixed asset budget amount to the budgeting module.
Once the amounts are there you can make use of the budget control configuration that can ensure that people don't spend more than originally budgeted.
Best regards,
Ludwig
Hi Ludwig,
Capital allowance is not referring to budget control.
Capital allowance is kind of special allowance from government for tax purposes.
I believe it has something to do the the depreciation book but wonder how to setup in AX
I see.
Can you provide a bit more information about this allowance in your country/region and how it shall be treated in AX?
I think that the standard application has the necessary features the main question is how this allowance shall be recorded and posted.
What would be important to know is whether this is - for example - an amount paid by the government or a tax deduction that you can make or something else.
Would be great if you could share this kind of information.
Many thanks,
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