Account for revenue recognition from reserves not transferred [AX 2012]

Updated: December 10, 2010

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

The Fixed asset posting profiles form includes the Provision for reserve and Transfer from reserve transaction types. You can use the Provision for reserve transaction type to handle deferred profit on fixed assets. The profit is posted as a liability.

All reserves for deferred profits on fixed assets are dissolved in the future in one of the following ways:

  • As a reduction of the acquisition price of the fixed asset that has been acquired to replace the sold fixed asset

  • As revenue recognition, which means a transfer to the profit and loss accounts

You must select an account that has been set up for revenue recognition.

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