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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Fixed Asset - Expected...
Microsoft Dynamics AX (Archived)

Fixed Asset - Expected Scrap value

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Posted on by Dexin 452

Hi all,

Wonder if anyone can guide me the issue i encounter below:

I created a new value model for Fixed Asset and i've specific the fiel " Leave net book value as 1.00"

When i create a new Fixed Asset, i checked on the value model setting, i notice that the "expected scrap value field is not equal to 1 as what i have specified in the value model"

How do i make the field update from the value model parameter?

Please refer to below

2451.fa.png

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I have the same question (0)
  • Verified answer
    Mahesh Raj Profile Picture
    Mahesh Raj 89 on at

    Hi Dexin,

    Purpose of these two fields is entirely different.

    See below link.

    community.dynamics.com/.../157937

  • Verified answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    Hi Dexin,

    These are two different fields with a different meaning.

    The leave net book value at $1 determines that the depreciation of all fixed assets that have a specific value model attached are only calculated until a remaining net book value of $1 is reached. Ax typically adjusts the last depreciation amount for that.

    The expected scrap value is fixed asset specific. If you enter for example, $500 because you know that the fixed asset will be sold later on for this amount, then depreciations are adjusted in a way that a net book value of $500 remains.

    You are right that both fields are basically doing the same but they are intented to be used for different reasons.

    To see the difference more clearly probably enter a value of $100 in the leave net book value field in the value model and enter a value of $30 in the expected scrap value. Thereafter, check the depreciation through the profile button at the value model level. Then remove the $30 and check the profile again.

    Best regards,

    Ludwig

  • Dexin Profile Picture
    Dexin 452 on at

    Hi Ludwig,

    You are right! I got it now.

    Thank you very much.

    Appreciate so much!

  • Dexin Profile Picture
    Dexin 452 on at

    Mahesh,

    Thank you. Noted now.

  • ax Financial Profile Picture
    ax Financial 744 on at

    example is very clear and easy to understand

    Thank you very much Dr. Ludwig Reinhard sir

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