the fixed asset is written off twice d365

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Posted on by Mirza

Hello,

I have a problem with the depreciation of fixed assets. When I post depreciation in the journal and check the transactions, I always find 2 lines, 2 transactions, so in the end I get double depreciation. Does anyone know why this happens and what settings affect this behavior.

BR,

Mirza

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Financial Management

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Mirza 13 on at

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the fixed asset is written off twice d365

Hello,

We use 2 books. IFRS and UGB. It is interesting that this problem appears only in IFRS. In UGB everything works as it should. The depreciation profile in IFRS has one line and the Straight line service life option is used. Also there is no localization here, we work in standard.

Thanks
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Bharath jain 617 on at

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the fixed asset is written off twice d365

Hi Mirza,

Few country has a requirement to post book depreciation and tax depreciation, so there might be 2 books assigned to fixed asset with different layers.

can you check how many books is assigned to fixed assets. Also, please share some screenshots which helps to answer better.

Regards,

Bharath Jain
Daniel Yang 53 on at

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the fixed asset is written off twice d365

Do you use 2 layers and have 2 books for one single fixed asset?
Frank Hamelly | MVP... 3,811 Super User 2024 Season 2 on at

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the fixed asset is written off twice d365

I agree with Billur. Most likely an issue with the posting profile.
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BillurSamdancioglu 13,600 Most Valuable Professional on at

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the fixed asset is written off twice d365

Hi,

Can you please check if the asset depreciation profile has also 2 lines?

Which country are you working on? May that be a localization?

Please share screen shots for asset book and asset transactions.