D365 Finance & Operations and Dynamics AX Forum

Expand all | Collapse all

Fixed Assets

  • 1.  Fixed Assets

    Posted 29 days ago
    Hi All,

    I am looking for some guidance on Fixed Assets implementation here in the US. Is there a website that announces periodic government tax law changes to Fixed Asset depreciation rates.

    I would like to use this data by importing it in to D365 and make appropriate changes to the setups and configurations of fixed assets automatically and manage the process automatically rather than have a human do the work.

    Can someone help me please?

    Thanks
    Raj Sherikar

    ------------------------------
    Rajendra Sherikar
    ------------------------------


  • 2.  RE: Fixed Assets

    GOLD CONTRIBUTOR
    Posted 28 days ago
    Edited by Sudhir Mahajran 28 days ago
    Hi Rajendra,

    please check the link below.
    Publication 946 (2019), How To Depreciate Property
    Irs remove preview
    Publication 946 (2019), How To Depreciate Property
    Section 179 Deduction * Special Depreciation Allowance * MACRS * Listed Property For the latest information about developments related to Pub. 946, such as legislation enacted after this publication was published, go to IRS.gov/Pub946. Section 179 deduction dollar limits. For tax years beginning in 2020, the maximum section 179 expense deduction is $1,040,000 ($1,075,000 for qualified enterprise zone property).
    View this on Irs >

    https://www.irs.gov/irm/part1/irm_01-035-006

    Thanks

    sudhir

    ------------------------------
    [Sudhir] [Maharjan] [srmaharjan@hotmail.com]
    [AX Consultant]
    [SAGlobal]
    Lawrenceville NJ
    ------------------------------



  • 3.  RE: Fixed Assets

    Posted 28 days ago
    Thanks Sudhir, Appreciated. This is good stuff. I was also looking for some structured data that I can retrieve and logically execute a customization in D365. Any assistance on this would be much appreciated.

    ------------------------------
    Rajendra Sherikar
    ------------------------------



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