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Finance | Project Operations, Human Resources, ...
Answered

Fixed Asset Depreciation

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Posted on by 452

Guys,

Would like to check the below:
1. Is there a way to set fixed amount of assets depreciation? For some FA group like Building, instead of running straight line or other depreciation method. Is there a way to set a fixed amount?

2. Also, is there a way to set once the FA is acquired, the depreciation start calculate on next month? i know we can manually change the place in service date. Is there a setup for that?

I have the same question (0)
  • Verified answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Hi Dexin,

    For 1: A manual depreciation schedule can probably help you achieving that.

    docs.microsoft.com/.../manual-depreciation

    For 2: You can define a depreciation start date in the books that are linked to your fixed asset.

    Best regards,

    Ludwig

  • Dexin Profile Picture
    452 on at

    Yes, we can set it manually. Is there a standard setup automate it?

  • Verified answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Hi Dexin,

    Not really.

    You can try using the Excel addin to make this setup faster or probably test if the PowerPlatform can help here making things easier/faster.

    Best regards,

    Ludwig

  • Dexin Profile Picture
    452 on at

    Hi Ludwig,

    Noted, thanks a lot.

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