Fixed asset Depreciation on acquisition and disposal.

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Posted on by Harisgillani

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Hi all,

Is there any check box in fixed asset to calculate the fixed asset depreciation full at month of acquisition and no depreciation at month of disposal. As i know at time of acquisition we can achieve full month depreciation through depreciation convention. Waiting for response Thank You

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André Arnaud de Cal... 300,966 Super User 2025 Season 2 on at

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Hi Harisgillani,

Do you want to depreciate the complete asset at the time when you acquire it (or the same month)? If so, you can setup a service life of one period. Otherwise, please elaborate on your question.

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Harisgillani 291 on at

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Hi Andre Arnaud,

Thank sir for response,

My requirement is to depreciate the fixed asset full at month of acquire and no depreciation on month of sale. Below is the scenario.

1.Asset acquire on 15/1/2017 full month depreciation should be calculate on this month.

2.Asset sold on 20/5/2017 no depreciation should be calculate on this month.

Regard

Haris Gillani

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André Arnaud de Cal... 300,966 Super User 2025 Season 2 on at

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Hi Haris,

This can be achieved with the workaround as provided above. Then the first month the complete amounts will be depreciated when running the depreciation proposal and post it.

As the net book value is zero, there will be no more other depreciation amounts on this asset.

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Harisgillani 291 on at

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Hi Andre,

i appreciate your suggestion

i think i am not clear, in my understanding you mean fixed asset will be fully charged at time of acquisition did this depreciation amount not include all period depreciation including disposal period if disposal period include then this workaround will not work in my case because no depreciation should be charge on period of disposal e.g month

Regards

Haris Gillani

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André Arnaud de Cal... 300,966 Super User 2025 Season 2 on at

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Hi Haris,

Can you rephrase your sentence? I cannot understand this too difficult sentence. Can you specify an example what is exact required and why you think my workaround is not working for you? Note that you might be right..., but probably were are indeed not on the same page.

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Community Member on at

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Hi Harisgillani,

Normally, depreciation run is done at the end of a period, which means we would normally process asset disposals (scraps or sales) before depreciation posting is done. Therefore, in your scenario, a full-month depreciation in the acquisition month can be achieved through Depreciation convention = Full month. And in the disposal month, there should not be any depreciation posting for that month, unless you carry out depreciation posting before processing the disposal.

S.

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Harisgillani 291 on at

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Hi Serene.

thank for your answer its helpful for me.

Regards

Haris Gillani

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Ludwig Reinhard Microsoft Employee on at

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Hi Harisgillani,

Is there something open here?

If not, it would be great if you could verify the answer(s) to get this incident closed.

Many thanks,

Ludwig

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Harisgillani 291 on at

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Hi Andre,

you are right your workaround is working thank you.. Thumbs up

Regards

haris Gillani

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