Skip to main content

Notifications

Customer experience | Sales, Customer Insights,...
Unanswered

Fixing a fixed asset valuation

(0) ShareShare
ReportReport
Posted on by 5

I need to change the value of an asset that I have already depreciated. I was thinking to delete the original asset from the book, reverse the depreciation, and then re-enter the updated asset with the original service start date. Once I depreciate this updated asset, it should more or less wash the reversal of the A/D and depreciation of the old asset. Will this work?

  • Number Cruncher Profile Picture
    Number Cruncher 5 on at
    RE: Fixing a fixed asset valuation

    Here it is:

    docs.microsoft.com/.../fa-how-revalue

  • Number Cruncher Profile Picture
    Number Cruncher 5 on at
    RE: Fixing a fixed asset valuation

    Thank you for your response. I read through the articles but none of which indicated how to correct the valuation of a fixed asset that was entered a few fiscal months ago. Can you advise?

  • RE: Fixing a fixed asset valuation

    Hello, regarding the question, I would recommend reading the following link that contains information on different processes that can be done regarding the depreciation of fixed assets:

    docs.microsoft.com/.../fa-how-depreciate-amortize

    Thanks!

    Community Support Team - Esteban

    If this Post helps, then please consider Accept as solution to help the other members find it more quickly.

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

News and Announcements

Announcing Category Subscriptions!

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Top 10 leaders for November!

Congratulations to our November super stars!

Tips for Writing Effective Verified Answers

Best practices for providing successful forum answers ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,359 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,370 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans