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, ... / "Splitting" a Fixed as...
Finance | Project Operations, Human Resources, ...
Answered

"Splitting" a Fixed asset into components with different service life

(1) ShareShare
ReportReport
Posted on by ON-16052045-0 79
Hello, 

Due to regulatory changes we have a situation in which we need to change the way we define and depreciate certain fixed assets. The fixed assets that we have at the moment need to be split it's different components and these should be kept as separate Fixed assets. For example we need to break down a property in to component such as facade, plumbing, roof, etc. and these can all have different service lifetimes and different depreciation periods remaining.
 
How could we go about such a transition? Can we use the split fixed asset functionality for this or are there other methods? Do we need to create new fixed assets, credit the original/main fixed asset and debit the new components with their respective remaining balance? 
 
Any input is appreciated.
Kind regards,
O
I have the same question (0)
  • Suggested answer
    André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 299,249 Super User 2025 Season 2 on at
    "Splitting" a Fixed asset into components with different service life
    Hi,
     
    In this case, I think the split function will lead to some more work. I don't know all the details, but probable creating new assets and making some adjustment posting and transfer amounts might be the best way to do it.
  • Suggested answer
    Kevin Xia Profile Picture
    Kevin Xia Microsoft Employee on at
    "Splitting" a Fixed asset into components with different service life
    Hi,
    You can refer to this official document: Create a fixed asset - Finance | Dynamics 365 | Microsoft Learn. This article explains how to create a new fixed asset record from the Fixed asset list page. Or you can refer to this official document: Split a fixed asset - Finance | Dynamics 365 | Microsoft Learn. This article explains how to split a percentage of one asset book to a new asset book.
    Best regards,
    Kevin
  • Verified answer
    Bharath jain Profile Picture
    Bharath jain 1,365 Super User 2025 Season 2 on at
    "Splitting" a Fixed asset into components with different service life
    Hi,
     
    For the above scenario, you can split asset functionality.
     
    Refer the link below for the complete step.
     
     
    Regards,
    Bharath Jain

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

Join experts in person to explore low code and AI agents at the Power Platform Community Conference sponsored by Microsoft

Quick Links

Responsible AI policies

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

Abhilash Warrier – Community Spotlight

We are honored to recognize Abhilash Warrier as our Community Spotlight honoree for…

Congratulations to the September Top 10 Community Leaders!

These are the community rock stars!

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

#1
CA Neeraj Kumar Profile Picture

CA Neeraj Kumar 2,157

#2
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 883 Super User 2025 Season 2

#3
Sohaib Cheema Profile Picture

Sohaib Cheema 674 User Group Leader

Last 30 days Overall leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP

Product updates

Dynamics 365 release plans