Latvian Fixed asset extension for Dynamics 365 FO
Fixed asset extension is not restricted to Latvian localization, it is implemented across all legal entities after deployment.
Fixed asset extension gives user advantages of improved reports and functionality.
Benefits of Fixed asset extension
- 1. Fixed asset record with transactions
- 2. „Fixed Asset Balances“ report – ability to retrieve data for specified date
- 3. „Asset Accounting Report“ that includes commission members and subtotals
- 4. Fixed asset depreciation calculation starting from the next month
- 5. New functionality – asset mass transfer
- 6. Fixed asset acquisition date/price and dimension in fixed asset card
- 7. Fixed asset posting profile from fixed asset card
Fixed asset record with transactions
„Fixed Asset Balances“ report
„Asset Accounting” report
Fixed asset depreciation calculation
Asset mass transfer
This functionality allows to make mas transfers of fixed assets:
- From one department to another
- From one location to another
- From one responsible person to another
This feature proves beneficial when there are changes in employees responsible for fixed assets.
Fixed asset acquisition date/price and dimension in fixed asset card
* Microsoft standard – when creating a new FA card, we indicate the date of FA acquisition, price, and dimensions. However, if this information is changed in the acceptance operating document, it is not overwritten in the FA card.
*Development – when creating a new FA card, we indicate the date of FA acquisition, price, and dimensions. But if this information is changed or supplemented during acceptance into operation, it is also overwritten in the FA card.
Fixed asset posting profile
If there are multiple Fixed asset posting profiles and no default profile is specified in the fixed asset parameters, the posting method is determined based on the profile specified in the fixed asset card. This functionality is not available in MS standard.
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