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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / The fixed asset profil...
Finance | Project Operations, Human Resources, ...
Answered

The fixed asset profile calculation

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Posted on by TramNguyen 5

Hi All,

I am trying to check the fixed assets profile. However, I don't understand the amount system calculates.

- Depreciation profiles = Straight-line life remaining

- Fiscal year = 01 Apr - 31 Mar.

- Depreciation convention = None

- Acquisition date: 20 Nov 2022 with amount: 100,000,000vnd

- Service life: 2

- The FA profile calculate the amount. I don't know how to system generates this amount.

+ End of month November, I can not calculate this amount

+ The amount difference between 2 fiscal years.

pastedimage1671607395509v1.png

Thank you for your support.

Categories:
Development / Customization / SDK
Data Integration
Financial Management
  • Suggested answer
    TramNguyen Profile Picture
    TramNguyen 5 on at
    RE: The fixed asset profile calculation

    I can do it because Calculate prorated depreciation = yes

    learn.microsoft.com/.../fixed-assets-parameters-form

  • TramNguyen Profile Picture
    TramNguyen 5 on at
    RE: The fixed asset profile calculation

    Hi Billur,

    Yes, please check the message; Thank you!

  • Suggested answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 13,216 Moderator on at
    RE: The fixed asset profile calculation

    Can you please send the screen shot of the rest of the profile and fixed asset parameters.

  • TramNguyen Profile Picture
    TramNguyen 5 on at
    RE: The fixed asset profile calculation

    Hi Billur san,

    Don't have scrap value, only 01 transaction: acquisition with an amount 100,000,000vnd.

  • BillurSamdancioglu Profile Picture
    BillurSamdancioglu 13,216 Moderator on at
    RE: The fixed asset profile calculation

    Hi,

    Is there any scrap value?

  • TramNguyen Profile Picture
    TramNguyen 5 on at
    RE: The fixed asset profile calculation

    Thank Billur so much,

    Can you help me explain the difference amount between 2 fiscal years (green and yellow color)

    Thank you!

  • Verified answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 13,216 Moderator on at
    RE: The fixed asset profile calculation

    Hi,

    In this case

    Let me share details.

    Yearly depreciation is 50.000.000

    So daily depreciation is 50.000.000/365 =  136.986,30

    While it is acquired 20.11.2022. This makes including 20.11.2022.

    30.11.2022 - 20.11.2022 +1 = 11 days

    136.986,30 daily depreciation *11 days =  1.506.849,32

  • TramNguyen Profile Picture
    TramNguyen 5 on at
    RE: The fixed asset profile calculation

    Hi Billur, thank you for your reply.

    But users don't want depreciation convention = full month.

    Example: For the FA003 acquisition on 20 November, the system must run depreciation from 20 November to 30 November, but I can not calculate the amount like system generation.

  • Suggested answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 13,216 Moderator on at
    RE: The fixed asset profile calculation

    Hi,

    Can you please check with to change the depreciation convention to full month.

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