Fixed assets transactions: depreciation

This article describes the fixed assets depreciation transactions in Dynamics AX 2012.

1/ Depreciation with accounting

To do a depreciation with accounting, you need to use a fixed asset journals. You can post depreciation only for fixed assets with the status “Acquired”.

1.1/ Option A: Record depreciation manually

Access: FA > Journals > Fixed Asset

This option is useful if you have few depreciation transactions to enter.

  • Create a new journal and go to the line form.
  • Create a line with transaction type = Depreciation
  • Enter a description and the amount of the depreciation.
  • The value model and the offset account are linked to the setup of the fixed asset.

image

  • Post the journal
  • Go to Common > Fixed assets > Fixed assets > Value models > Tab Depreciation
  • The fixed asset is updated

image

1.2/ Option B: Use depreciation proposal

Access: FA > Journals > Fixed Asset

This option is useful when you want to record all the depreciation transactions in only one step, for example, all the depreciation transaction of the month or all the depreciation for a group.

  • Create a new journal and go to the line form.
  • Go to “proposals > “Depreciation proposal”

image

  • In the To date field, enter the ending date of the period for which you want to create depreciation proposal line.
  • Click on “Select” if you want to add criteria to the proposal.
  • Select “Summarize depreciation” if you want to sum the depreciation. If “Summarize depreciation” is not selected, the proposal create one line per month.
  • Click on OK.

image

  • Check accounts and amounts and post the journal
  • The option “Summuarize depreciation” was not selected, there is one line per month and per fixed asset.

image

  • Voucher : Inquiries > Voucher

image

  • Go to Common > Fixed assets > Fixed assets > Value models > Tab Depreciation
  • The fixed asset is updated

image

2/ Depreciation without accounting

To do a depreciation without accounting, you need to use the depreciation book journal.

Access: FA > Journals > Depreciation books journal

  • Create a new depreciation book journal

image

  • Go to the lines
  • You can enter manually the depreciation transaction by using the depreciation transaction type or use the depreciation proposal.

image

  • Select the to date and other criteria if needed
  • Check the amount and post the journal

image

  • The fixed asset is updated in FA > Common > Fixed assets > Fixed assets > Depreciations books

image

Advertisements

4 thoughts on “Fixed assets transactions: depreciation

  1. Making a quickly understandable tutorial for Dynamics AX is not an easy task. Specially when it is about transactions related. You made this article information worthy and easy to understand using screenshots. We as Techcronus are having dedicated consultants for Microsoft Dynamics AX. Connect with us here for more information:

    Reply
  2. Thanxs for ur efforts co u made things simple and clear to undrstan and i do agree with Thanxs ur post is more usuful than Microsoft Manuals.

    Request u to keep posting Articles like u have been doing.

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s