Fixed Asset 4-4-5 Depreciation Schedule

(0) Share

Report

Posted on by Zlatina Kostadinova...

Hello, our customer currently have issues when posting depreciation with calendar set as 4-4-5.

The system is calculating the amount equally for every month.

Everything is set correctly - the period frequency is Fiscal period and Depreciation year is Accounting or financial.

They upgraded from 2012 to d365 previous year. In 2012 they had no issues with that setup.

I red that maybe I need to create additional calendar on a weekly basis but the posts were from 3 years ago and I wondered if the things have change?

Can you please advice?

I have the same question (0)

All responses (13)

Answers (1)

Suggested answer

Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

Hi,

Have you made the setup as illustrated here?

www.loganconsulting.com/.../

Do you have a specific fixed asset calendar setup?

Best regards,

Ludwig

Was this reply helpful? Yes No
Zlatina Kostadinova... 86 on at

Like (0)

Report

Hello Ludwig,

This is the Financial calendar setup, so I think it is as the one in the link.

No, the calendar for the FA is the same.

Was this reply helpful? Yes No
Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

Hi Zlatina,

OK. Is this calendar newly created or already assigned in the ledger form?

After having updated the calendar in the ledger form, have you hit the recalculate ledger periods?

If this is the case, can you check whether a different calendar is assigned to your fixed assets or whether the fixed asset book settings follow the 4-4-5 ledger calendar?

Maybe you can share some screenprints about that setup.

Many thanks,

Ludwig

Was this reply helpful? Yes No
Zlatina Kostadinova... 86 on at

Like (0)

Report

Hello Ludwig,

The calendar is not new, still - I ran the recalculation process again (no change in the calculated depreciation).

So - this is the Ledger setup with the calendar

The Depreciation profile set up:

The Book set up

And also - the asset transactions - you can see that till 01/2020 all is OK (posted in 2012) and from 02/2020 the depreciation is the same every month (in d365)

Thank you for the time.

Was this reply helpful? Yes No
Suggested answer

Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

Hi Zlatina,

Many thanks for the illustrative screenprints.

The 2020 depreciation seems indeed not correct based on what you expect.

Just wonder what you setup as depreciation convention in your old system and in D365FO?

Can you compare this setup in the book/value model?

Best regards,

Ludwig

Was this reply helpful? Yes No
Zlatina Kostadinova... 86 on at

Like (0)

Report

Hi Ludwig,

For d356 the convention is None, but I have no access to the old DB for now - will write when I know.

Was this reply helpful? Yes No
Suggested answer

Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

Hi Zlatina,

None should actually be ok.

Can you please try replicating this issue in a different demo/test environment?

If you can and if you see the same outcome then open a support case with MS; might be a bug.

Many thanks and best regards,

Ludwig

Was this reply helpful? Yes No
Zlatina Kostadinova... 86 on at

Like (0)

Report

Hello Ludwig,

Should I try that for the same company or for another? Because for that particular client I've tried on 3 different test DB and the outcome is the same. Maybe I should try replicating to a totally different DB? What will be your advise?

Many thanks,

Zlatina

Was this reply helpful? Yes No
Suggested answer

Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

Hi Zlatina,

If you have a plain vanilla Contoso environment then try replicating the issue there.

Best regards,

Ludwig

Was this reply helpful? Yes No
Zlatina Kostadinova... 86 on at

Like (0)

Report

Hello again,

I tested on Contoso - FRRT. Started from scratch - created a new calendar 4-4-5; attached it to the Ledger; recalculated the periods; created new Book/Depreciation profile etc. but the result looks the same (I acquired the asset with the same value as in the example above; the depreciation periods are 96). So the system is proposing the correct dates for the proposal but the amount again is incorrect.

So the best approach is to open a ticket?

Was this reply helpful? Yes No