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.

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Benefits of Fixed asset extension

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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