A Practical Model for Future and Current Assets Without Polluting the General Ledger When organizations plan capital expenditures, they want accurate forward-looking depreciation in their budgets. But they do not want forecast entries contaminating financial statements. Inside Microsoft Dynamics 365 Business Central, that tension is real. The system was built to calculate depreciation from posted…
Category: Fixed Assets
Calculate fixed asset depreciation prior to acquisition date, is this really a thing?
Problem: In Fixed Assets, need to calculate depreciation from a date prior to the acquisition date posted in Business Central. I didn’t know this was a thing, but I had a customer request it. Came from their auditors. Solution: With BC you can acquire an asset and calculate depreciation in BC for periods prior to…
