Disposal parameters (form)

  • Article

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click Fixed assets > Setup > Fixed asset posting profiles. Select a posting profile and click Disposal > Sale or Scrap

Use this form to set up accounts for the removal of one fixed asset, a group of fixed assets, or all of the fixed assets from the company's balance sheet when the fixed assets are sold or disposed of.

The accounts for reversing fixed asset transactions at disposal are set up separately, but in the same way, for Scrap and Sale disposal. Setting up ledger accounts for disposal resembles the setup of ledger accounts in the Fixed asset posting profiles form.

If the net book value of a fixed asset with several value models is posted in the balance sheet for several accounts, you must reverse all the relevant values in the various accounts when you sell or dispose of the asset.

The following tables provide descriptions for the controls in this form.

Tabs

Tab

Description

Overview tab

View a list of the disposal parameters and create disposal parameters.

General tab

View the details of the selected disposal parameter.

Disposal parameters by document type

Enter or view the settings for disposal parameters that are related to asset retirement obligation (ARO), reduction entry, and impairment.

(JPN) This feature is available only if your company's primary address is in Japan and the following hotfix is installed:

2967209

Fields

Field

Description

Value model

The identifier of the value model.

Valid for

Select Table, Group, or All, which determines whether this posting rule will be valid for a particular fixed asset, for a fixed asset group, or for all fixed assets.

Fixed asset relation

This list is related to the selection in the Valid for field.

If Table is selected, the list of all fixed assets is displayed, and a posting rule must be defined for a particular fixed asset.

If Group is selected, the list of all fixed asset groups is displayed, but the posting rule will be valid for the selected fixed asset group only.

If All is selected, a list of asset groups will not be displayed and the posting rule will be available for all fixed assets.

Post value

The transaction type to be reversed. The transaction types are the same as the transaction types that are used for basic asset transactions: Acquisition, Acquisition adjustment, and Depreciation. Most of the transaction types are used two times, once for this year and once for prior years. The transactions are often posted to different accounts and must be reversed from different accounts, also. The difference between this year and prior years is done automatically, based on the posting dates of the transactions.

Two additional transaction types, Net book value and Sales value, are also available. Sales value is the amount received for the fixed asset at disposal. Net book value is the value of the fixed asset that might result from different asset transactions posted to different accounts. Sales value and Net book value are used for calculating and posting the profit or loss amount for the asset disposal.

Post value (Disposal parameters by document type)

(JPN) Select the transaction type to be reversed during disposal of a fixed asset from the following:

  • Asset retirement obligation (prior years) – To retrieve the amount that was posted for Capitalized asset retirement obligation during prior years.

  • Asset retirement obligation (this year) – To retrieve the amount that was posted for Capitalized asset retirement obligation during the present year.

  • Reduction entry - direct-off (prior years) – To retrieve the amount that was posted for reduction entry during prior years.

  • Reduction entry - direct-off (this year) – To retrieve the amount that was posted for reduction entry during the present year.

  • Impairment (prior years) – To retrieve the amount that was posted for impairment during prior years.

  • Impairment (this year) – To retrieve the amount that was posted for impairment during the present year.

Sales value type

The default sales value type is All because the same ledger accounts often are used for the disposal, regardless of whether the fixed asset was disposed of with a profit or loss. However, to set up ledger accounts for the same value model and the same fixed asset differently for disposals with profit and disposals with loss, select Gain and Loss, respectively.

This field is available only if you clicked Disposal > Sale in the Fixed asset posting profiles form.

Main account

Select the ledger account where the reversal of the different balances of asset accounts is posted.

Offset account

Select the ledger offset account where the reversal of the different balances of asset accounts is posted.

Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).