Microsoft Dynamics 365 Fixed Assets-Fixed Asset Disposal Sale/Scrap
Fixed Asset Disposal Sale/Scrap: Fixed Assets Are Sold on a value or can be recorded at a Zero amount (Scrap) To record Fixed Asset Disposal user will, Go to>Fixed Assets>>Journal entries>FA Journal Create a New FA Disposal Journal and open “Lines” Choose the transaction type…
Microsoft Dynamics 365 Fixed Assets-Acquire a Fixed Asset
Acquire a Fixed Asset: To create a Fixed Asset there are two steps involved. In first step we create Fixed Asset but the FA status will be “Not Yet acquired”. In second step we acquire the Fixed asset to actually record the financials To acquire…
Microsoft Dynamics 365 Fixed Assets-Fixed Asset Revaluation
Fixed Asset Revaluation: Revaluation of a Fixed Asset allows changes in the NBV of Asset (To be Increase/Decrease) To record Fixed Asset Revaluation user will, Go to>Fixed Assets>>Journal entries>FA Journal Create a New Revaluation Journal and Open “Lines” Select the Transaction type “Revaluation”, Choose a…
Microsoft Dynamics 365 Fixed Assets-Depreciate a Fixed Asset
Depreciate a Fixed Asset: To record Fixed Asset Depreciation user will, Go to>Fixed Assets>>Journal entries>FA Journal Create a New Depreciation Journal and choose “Lines” Select the Transaction type “Depreciation”, Choose a Fixed Asset account, Run Depreciation proposal. Fill in the Proposal criteria details i.e….