web
You’re offline. This is a read only version of the page.
close
Skip to main content
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / CAPEX fixed asset budget
Finance | Project Operations, Human Resources, ...
Unanswered

CAPEX fixed asset budget

(0) ShareShare
ReportReport
Posted on by imran ul haq 4,017
Hi Friends,
 
I was exploring the Fixed asset budget journal, and having below doubts:
 
1. While posting the fixed asset budget journal there is an offset account, why do we need to define the offset account as even after posting the voucher posted doesn't have the            financial entry.
 
2. And after transferring to the budget register entries for each budget line there is a corresponding negative line, I believe that came because we defined the offset account while passing the budget journal.
 
 
Thanks in advance.
 
 
Regards,
Imran Ul Haq
I have the same question (0)
  • Hana Xue Profile Picture
    Hana Xue Microsoft Employee on at
    CAPEX fixed asset budget
    Hi,
    You can refer to the link below, which provides a good explanation of the role and benefits of offset accounts.
    Offset Accounts | Example | Journal Entries - Accountinguide
    Best Regards,
    Hana
  • imran ul haq Profile Picture
    imran ul haq 4,017 on at
    CAPEX fixed asset budget
    Hi Hana,
     
    Thanks for your reply.
    I do understand the importance of the offset account, it's use as per accounting double entry system in account.
     
    My concerns are like why we need to put the offset account in Fixed asset Budget journal, what is the use as even after posting no financial entry passes.
    And after transferring the journal to budget in the Budget register entries we have two lines, one for the Fixed asset account and other offset account.
     
    Regards,
    Imran Ul Haq

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Neeraj Kumar – Community Spotlight

We are honored to recognize Neeraj Kumar as our Community Spotlight honoree for…

Congratulations to the November Top 10 Community Leaders!

These are the community rock stars!

Leaderboard > Finance | Project Operations, Human Resources, AX, GP, SL

#1
Martin Dráb Profile Picture

Martin Dráb 683 Most Valuable Professional

#2
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 563 Super User 2025 Season 2

#3
Sohaib Cheema Profile Picture

Sohaib Cheema 398 User Group Leader

Last 30 days Overall leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP

Product updates

Dynamics 365 release plans