D365 Finance & Operations and Dynamics AX Forum

  • 1.  Fixed Asset Depreciation Book Functionality

    GOLD CONTRIBUTOR
    Posted Apr 11, 2018 01:14 AM
    ​Our company is using AX 2012 - we recently implemented the fixed asset module.  We had one person in our organization who became the subject matter expert on this module.  She has since left the company leaving a knowledge base gap.

    I am looking for information regarding the functionality of various depreciation books and how the parameters for them are setup, how they are implemented against the asset subledger, and any insights anyone can provide regarding pitfalls in using multiple depreciation books.

    When our fixed assets (approximately 3500 individual assets) were imported into AX, the existing assets were all setup without any depreciation books.  All are currenlty on straight line depreciation amortization and various useful life parameters.  The depreciation journals appear to be correctly functioning for straight line.  If anyone can steer me to good documentation (not tech net) on the alternate depreciation book parts of the fixed asset module it would be appreciated.

    Thanks in advance.

    Debbie Parod, Controller
    Montana Silversmiths, Inc.

    ------------------------------
    Debbie Parod
    Montana Silversmiths
    Columbus MT
    ------------------------------


  • 2.  RE: Fixed Asset Depreciation Book Functionality

    Posted Apr 17, 2018 10:06 AM

    Hi Debbie.

    I am not clear what you are calling alternate depreciation book parts.

    If you mean the field Alternate Depreciation: this is saying that a proposal should calculate using the primary depreciation method until the depreciation amount result is less than what the Alternate method would generate, at which time the calculation switches from the primary method to the Alternate method.

    If you mean having additional books beside the straight-line for an asset, then your dep'n proposal should generate records for those amounts (usually posted to a different posting layer like TAX or OPERATING).

    Hopefully that helps?

    Norma



    ------------------------------
    Norma Meilicke
    DXC Eclipse
    New York NY
    ------------------------------



  • 3.  RE: Fixed Asset Depreciation Book Functionality

    GOLD CONTRIBUTOR
    Posted Apr 18, 2018 09:13 PM
    ​I appreciate everyone who took the time to respond to my question...  I am still looking for information on how to setup the alternate depreciation books.  In particular - we have never used any posting layer other than current - we currently don't have transactions that do not post to the GL.  Where are the setup parameters and how do I go about setting up a non GL posting tax layer? Norma and Zvika, you both referred to them.  Where do I find them?  I was unable to locate a menu item in either the fixed asset module or the GL that referred to a posting layer.....?

    Thanks again.

    ------------------------------
    Debbie Parod
    Montana Silversmiths
    Columbus MT
    ------------------------------



  • 4.  RE: Fixed Asset Depreciation Book Functionality

    Posted Apr 17, 2018 10:06 AM
    ​Hi Debbie,

    Please follow link below for my previous post on Fixed Assets which you may find useful.

    https://www.d365ug.com/axug/communities/community-home/digestviewer/viewthread?MessageKey=3ed577fd-65eb-4bb0-9df0-5d0c99361dc9&CommunityKey=af0dadbe-c222-4660-9d1e-a9e3416c837a&tab=digestviewer#bm8


    ------------------------------
    Christopher Esposito
    Hamamatsu Corporation
    Bridgewater NJ
    ------------------------------



  • 5.  RE: Fixed Asset Depreciation Book Functionality

    TOP CONTRIBUTOR
    Posted Apr 17, 2018 10:09 AM
    It sounds like you have Value Models set up to take care of the depreciation you need posted into the general ledger.

    You would use Depreciation Books if you had a need to calculate depreciation for your assets without actually posting anything in the GL (for tax purposes, etc.)
    If you don't have that requirement you would not necessarily need to have any Depreciation Books.

    ------------------------------
    Zvika Rimalt
    Functional Consultant
    Vancouver BC
    ------------------------------



If you've found this thread useful, dive deeper into User Group community content by role