If we want to sale our fixed assets, it is a similar process as FA purchasing, but in opposite direction. In this situation, system uses customer posting group, VAT and general posting groups and FA posting groups.
Tag Archives: Asset
Posting Groups #16 – FA Depreciation Posting
Depreciation is a method of allocating the cost of a Fixed Asset over its useful life. In NAV for this purpose, you can run batch job Calculate Depreciation. In this posting process, system will use only FA Posting Groups.
Posting Groups #15 – FA Purchase Posting
In my first post about posting groups, I show you what results are when you post item purchase. I also show how looks like when we post Item Charge purchase. Now, in this post, I will describe some difference when you want to purchase Fixed Asset. Generally, it is a similar process, but it still has some difference.
Microsoft Dynamics NAV: How to Set Up User Defined Depreciation Methods in Fixed Assets
Microsoft Dynamics NAV (Navision) has several defined methods for calculating depreciation expense in Fixed Assets. These are Straight Line, Double Declining Balance, and a combination of the two where straight line depreciation is used when its results become the larger of the two methods calculated. But there are times when the desired method is something different. And that’s where Depreciation Tables come in.
Fixed Asset Ledger Entries and a mistmatch between the Fixed Asset Ledger Entries and GL
The following parts of this blog will walk through an example of seeing the problem and correcting it using an example found in the Cronus USA demo company.
In researching the cause, we went to Financial Managhement>General Ledger>Chart of Accounts. We selected the GL account associated with depreciation for the asset sub class which showed the discrepancy and drilled down into the General Ledger Entries. We right clicked on the label row at the top of the form and selected ‘Show Column’.
Fixed Assets – Existing Reports Available
Did you know that these reports are available to you in Dynamics NAV?
I have extracted a slist of the current Fixed Asset Reports available and added a synopsis for you to use: