Fixed asset move

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Posted on by CU05060412-0

Going through re-structure and moving to the different entity.
However plan to use same company in BC.
The fixed assets will need to be corrected, as the assets will need to be moved to the net asset value instead of the cost and accumulated depreciation.

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Dynamics 365 Business Central

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Montassar Krichi 231 on at

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HI,

There are two primary options, depending on how you want the new structure to reflect asset history:
Option 1: Retire Old Assets and Reacquire at NAV (clean separation)

Retire all existing Fixed Assets in BC:

Use a Disposal Journal with type = Sale, Scrap or Write-off.

Book the gain/loss as needed.

This clears the original cost and accumulated depreciation.

Create New Fixed Assets (same description, new FA No. series if needed).

Use the Net Book Value as the Acquisition Cost.

Post a FA G/L Journal to acquire at this NAV value.

Post using appropriate FA Posting Group to reflect new entity structure (if accounting setup has changed).

Optionally, assign a new Responsibility Center, Department Code, or Location to reflect the new structure.

Option 2: Manually Adjust Cost & Depreciation to NAV (not recommended unless justified)

Post a negative FA Acquisition entry to offset the original cost.

Post a negative Depreciation entry to offset accumulated depreciation.

Then post a new Acquisition at NAV.

This approach is less auditable but sometimes used during year-end restructuring or mergers.

I suggest you to use the primary option because it's cleaner and more appropriate for audit and compliance.

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Mansi Soni 8,911 Super User 2025 Season 2 on at

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Hello,

If you're restructuring and moving to a different entity but continuing with the same company in Business Central, you can update fixed assets by adjusting them to reflect their Net Book Value (NBV) rather than showing Cost and Accumulated Depreciation separately. To do this, dispose of the assets at their NBV using a Fixed Asset Journal (disposal entry), and then re-acquire them at the same NBV using an FA acquisition entry with the new setup. This clears out the historical cost/depreciation and reflects the assets correctly post-restructure while keeping the audit trail intact.

Hope this answer will help you!

Regards,
Mansi Soni

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Sohail Ahmed 11,150 Super User 2025 Season 2 on at

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Can you please clarify your question? Are you facing an issue during the fixed asset move, or do you need guidance on how to transfer fixed assets within the same company at net book value? Be specific so we can assist you better.

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Andrés Arias 4,190 Super User 2025 Season 2 on at

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Hello,

Could you please elaborate if you need to move the asset and you want to control such movement or transfer history? You could also refer to move the asset to another one?

Please clarify a little more.

I hope I can help.

Regards,

Andres

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