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My special depreciation allowance proposal is not showing any results even after tagging the Special depreciation allowance on the Fixed Asset group. I have tried posting with both current, and None posting layers. Is there any other configuration that i am missing? Will appreciate the response.
Hi Khizra,
You can use special depreciation allowances to take extra depreciation amounts during the first year that an asset is put in service and depreciated. Special depreciation allowances must be taken before any other depreciation calculations. Because special depreciation allowances are often unknown until later in the service life of the fixed asset, it's best to use this type of depreciation with a book that doesn't post to the general ledger.
You can find some information on the special depreciation allowance here:
Fixed asset depreciation - Finance | Dynamics 365 | Microsoft Learn
Set up bonus depreciation - Finance | Dynamics 365 | Microsoft Learn
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