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Finance | Project Operations, Human Resources, ...
Suggested Answer

Migrating an asset with multiple financial dimensions under the same FA book

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Posted on by 273

Hi,

In Oracle legacy system, the scenario is where a single asset, under one asset number and within the same book has been recorded using different financial dimension strings.

I am seeking guidance if a similar setup is possible in Microsoft Dynamics 365 i.e. there a way to acquire an asset in while associating it with multiple financial dimension combinations under the same asset ID and book?

Appreciate guidance on this.

Thanks

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  • Suggested answer
    Bharath jain Profile Picture
    1,517 Super User 2026 Season 1 on at
    Hi,
     
    No, you cannot associate multiple financial dimensions with a single fixed asset ID and book in Microsoft Dynamics 365 Finance. Each fixed asset ID and book combination must have a single financial dimension string assigned to it.
     
    Regards,
    Bharath Jain
  • Suggested answer
    H.M.Burhan Profile Picture
    390 Super User 2026 Season 1 on at
    Hi,
     
    Yes, you can select a different financial dimension combination for FA Depreciation based on the following use case.
      
    Example:
     
    The asset FATEST (Machine) is acquired under the Financial dimension â€˜Operations’ department. However, this machine will be used at different construction sites. Therefore, the depreciation cost should be allocated to different Cost centers. In this case, you can change the Cost center (e.g., Construction Site 1) at the time of posting the depreciation.
     
    However, the acquisition of fixed assets is usually recorded with the same financial dimension values, unless you are maintaining multiple books for the fixed assets. Alternatively, if you purchase multiple office tables that will be allocated to different departments, you should create separate fixed assets for each office table (based on quantity) and select the appropriate financial dimension combination for each one.
     
    Cheers,
    Burhan 
  • Suggested answer
    Giorgio Bonacorsi Profile Picture
    2,013 on at
    Hello,
     
     
    Default, a single financial dimension combination can be associated with a Book + Fixed Asset record, and this combination is automatically inherited during journal entries (e.g., acquisition or depreciation).

    However, for data migration purposes, it is indeed possible to split the journal entry into multiple lines. This allows you to:
    - Assign the correct amount to each line,
    - Link the appropriate Fixed Asset ID,
    - Apply the specific financial dimension combination relevant to each asset or portion of the transaction.
     
    This approach ensures accuracy during migration, especially when historical data involves multiple dimension sets or partial allocations.
     
    Thank you, 
    Giorgio
     
     
  • Suggested answer
    BillurSamdancioglu Profile Picture
    20,636 Most Valuable Professional on at
    You can not do this in books but if you can create a spesific dimension and assign allocation rules maybe help you as a solution.
  • André Arnaud de Calavon Profile Picture
    303,669 Super User 2026 Season 1 on at
    Hi,
     
    Can you clarify if you want to have one dimension value for the acquisition and another value for depreciation? Or is the scenario that you have an asset with an acquisition value of $ 50000, where the amount should be split for multiple dimension values? E.g.
    department 300 > $ 20000
    department 410 > $ 20000
    department 420 > $ 10000
     
     

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