AX 2012 R2: Solved. Reversing fixed asset acquisition GL voucher is allowed and causes discrepancies between ledger and fixed asset modules

One of our customers, who is still using AX 2012 R2, came across with an issue regarding Reverse transaction button on the General ledger voucher. Situation: Fixed asset acquisition transaction was incorrectly filled in and posted through the Fixed asset journal. In order to fix that issue, Reverse transaction button was used. You may ask …

MSDyn365FO: Fixed assets. Straight line service life Depreciation method

Fixed Assets (FAs) depreciation is a periodic transaction that reduces the value of the fixed asset on the balance sheet and is charged as an expenditure to a profit and loss account. In accordance with financial accounting standards in Microsoft Dynamics 365 for Finance and Operation, there are several approaches for FAs depreciation that are …

AX 2012 solved issue: You must set up periods for the fixed asset calendar ####.

You might experience this issue while you are migrating fixed assets. In general, steps for the migration are the next: Import fixed assets master data Import Acquisition transactions (e.g. through General journal) Import Depreciation transactions (e.g. through General journal) Posting Acquisition transactions Posting Depreciation transaction At the time of posting you can see an error: You …

How to import Fixed assets into AX 2012 using DIEF

In this post I would like to cover importing fixed assets feature using DIEF AX 2012 tool Go to Data import export framework > Common > Processing group Create New processing group. Click Entities Select the following values: Data entity = Asset Source format = Comma Click Generate source file Click Next Select the list …