Split fixed asset (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 > Common > Fixed assets > Fixed assets. Select a fixed asset. On the Action Pane, click Value models. Select a value model and then click Functions > Split fixed asset.

Use this form to transfer part of the value of the selected fixed asset value model to the value model for another fixed asset. Because various value models can be attached to a fixed asset, verify that you have selected the correct value model before you start this process.

Note

You must create the fixed asset and value model that you are transferring the value to before you split the selected fixed asset.

Example

The furniture in a meeting room, one table and 12 chairs, is recorded and depreciated as one asset. You want to sell the chairs. You complete the following steps.

  1. Create a fixed asset with an appropriate value model that has no value amounts.

  2. Click Fixed assets > Common > Fixed assets > Fixed assets. Select a fixed asset. On the Action Pane, click Value models. Select a value model and then click Functions > Split fixed asset.

  3. Select the new fixed asset in the To fixed asset field and its value model in the To value model field.

  4. Select a transaction date, enter a percentage, and select the journal name that will be used for the transaction.

  5. Click OK.

The chairs are now a separate fixed asset and can be sold. The table continues its service life and is depreciated based on its new, reduced value.

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

Buttons

Field

Description

OK

Split the asset.

Fields

Field

Description

From fixed asset

The fixed asset that will be split.

From value model

The value model for the fixed asset that will be split.

To fixed asset

Select the fixed asset that the value will be transferred to.

To value model

Select the fixed asset value model that the value will be transferred to.

Transaction date

Enter or select the date when the asset value split will occur.

Percent

Enter the percentage of the value of the selected fixed asset that will be transferred to the new fixed asset.

Name

Enter the name of the journal that the split transaction will be posted to.

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