Depreciation adjustment does not calculate new straight line

(0) Share

Report

Posted on by CU13010319-0

565

I am trying to run straight line depreciation, equal depreciation per month over a year. However, if I make an adjusting entry, whether to modify book value up or down, next month the straight line depreciation continues to run based on the original acquisition book value. It does not change based on a re appraisal of the fixed asset. Is there a toggle or setting I am missing that would enable the fixed asset to have a new depreciation value running forward based on a change to the book value?

I have the same question (0)

All responses (1)

Answers (0)

Suggested answer

Teagen Boll 2,984 Super User 2026 Season 1 on at

Like (1)

Report
Copy link

Link copied!

It should update appropriately but you will need to look at the date of the adjusting entry. I would also check to see if the adjustment was posted in the Fixed Asset Journal (only subledger) or the Fixed Asset G/L Journal.

You can see the calculation used for depreciation amount here: Depreciation methods for fixed assets - Business Central | Microsoft Learn

If you record a write down or appreciation entry that should be adjusting your Book Value.

There are also settings you can toggle with adjustments such as identifying if the depreciation is already calculated for additional acquisition costs: Revalue Fixed Assets - Business Central | Microsoft Learn

Hopefully that gives you a good starting point.

Best,

Teagen Boll

Work: Catapult ERP

Social: LinkedIn

Was this reply helpful? Yes No