Dynamics Community Forum Thread Details

Recalculation of FA depreciation

When adding an item to an existing fixed assets (that has already started to be depreciated), I go change the "cost basis" in the "asset book" window, and when asked what to do about the depreciation, I normally press "recalculate". However, for some reason, instead of recalculating the amortization: new NBV divided by remaining life, it calculates the depreciation from when the asset was put into service and will post depreciation adjustment to prior periods if I do not change the posting date. Plus, I might simply forget to post the adjustment if I only choose the current period in the GL posting for FA.

We are using "straight line rem life".

For internal reporting purposes, I cannot post to prior periods when a period is closed; I have to post to the open period.

Is there a way to recalculate depreciation: new adjusted NBV divided by number of years left?

In the meantime, my solution is that I had a "suffix" to my asset. But I am wondering if maybe I am not using the correct depreciation method?

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