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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / Changing Depreciation ...
Finance | Project Operations, Human Resources, ...
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Changing Depreciation timing start date

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Posted on by AY-23051805-0 26
Can we change depreciation timing start date in FO?
 
  • Suggested answer
    saurabh bharti Profile Picture
    saurabh bharti 15,029 Super User 2024 Season 2 on at
    Changing Depreciation timing start date
    Hi,
     
    Apart from placed in service you can also try the combination of Depreciation convention , if you would like to have full month or partial month depreciation.
     
    As suggested you can not have auto detect the next month first date by system
  • Verified answer
    André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 291,642 Super User 2024 Season 2 on at
    Changing Depreciation timing start date
    Hi,

    As a reply to your follow-up question, the convention can be used but has a slightly different behavior compared to your requirement. This will look at the Placed in service date field. You can read more about it here. Fixed asset depreciation conventions - Finance | Dynamics 365 | Microsoft Learn
    There is no setting to let the application automatically know what should be the start date for depreciation or what should be the date for being placed in service. If you want to add some logic, you can consider a customization. 
  • Verified answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 15,811 Most Valuable Professional on at
    Changing Depreciation timing start date
    Yes you can. We usually use if we purchase the asset but not start using it. 
  • Suggested answer
    Bharath jain Profile Picture
    Bharath jain 848 on at
    Changing Depreciation timing start date
    Hi,
     
    You can specify depreciation start date as 1st June, so system will calculate depreciate from June.
     
    Regards,
    Bharath Jain
  • AY-23051805-0 Profile Picture
    AY-23051805-0 26 on at
    Changing Depreciation timing start date
    Is there a way where you can apply this not individually, but implement this to all fixed assets in fixed asset group. For example depreciation convention in books. 
  • Suggested answer
    André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 291,642 Super User 2024 Season 2 on at
    Changing Depreciation timing start date
    Hi,
     
    Yes, this is possible. On the asset book, you can specify a specific start date for depreciation. That can be a different date compared to the acquisition date.

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