Value models setup (form) [AX 2012]

Updated: May 24, 2011

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 > Value models.

Use this form to create and manage value models for fixed assets.

A value model contains the basic information about one life cycle that is attached to a fixed asset. A fixed asset can have several different value models.

A derogatory value model can be used with a master value model only when you select a derogatory value model in the Derogatory calculation field. The tax depreciation will be calculated for an asset, based on the derogatory value model, and the transactions will be posted to the general ledger. For more information, see (FRA) Derogatory depreciation.

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

Tab

Description

General

Set up depreciation profiles, rounding, and other parameters for the selected value model.

Derived value models

Add other value models to the selected value model.

Derived depreciation books

Add other depreciation books to the selected value model.

Button

Description

Fixed asset groups

Open the Fixed asset group/value model form, where you can create fixed asset groups. The groups that are associated with the selected value model are displayed.

Field

Description

Value model

Enter or view the identifier for the value model.

Description

Enter or view the description of the value model.

Depreciation

Select this check box if the fixed asset can be depreciated for this value model.

Depreciation profile

Select the depreciation profile for the value model. This profile will be the default depreciation profile when you set up asset group value models.

Alternative depreciation profile

Select an alternative depreciation profile. The amounts of depreciation that are calculated for the depreciation profile and for the alternative depreciation profile are compared, and the larger amount of depreciation is suggested for posting.

For more information, see Alternative depreciation profile.

Extraordinary depreciation profile

Select the depreciation profile to use for additional depreciation of an asset in unusual circumstances. For example, you might use this to record depreciation that results from a natural disaster.

Round off depreciation

Enter an amount for rounding depreciation calculations. For example, enter 1.00 to round depreciation to the nearest dollar, or enter 10.00 to round depreciation to the nearest 10 dollars.

Leave net book value at

Enter the amount by which to reduce the last depreciation. This keeps the net book value at the amount you enter until disposal. The value that you enter is the residual book value for the depreciated fixed assets. In the case of a disposal due to a sale, the remainder value is set to 0.00.

Create depreciation adjustments with basis adjustments

Select this check box to automatically generate depreciation adjustments when the basis of the asset is adjusted with another adjustment type entry.

Posting layer

Select the posting layer for fixed asset transactions for this value model.

For more information, see Posting layer.

Allow net book value higher than acquisition costs

Select this check box to allow for transactions that would create a net book value that exceeds the acquisition costs for the asset.

Allow negative net book value

Select this check box to allow for transactions that would create a negative net book value of the fixed asset and value model combination.

Calendar

Select the calendar to use for this value model. You can select from all fiscal calendars that are defined in the Fiscal calendars form. For more information, see Key tasks: Fiscal calendars, fiscal years, and periods.

Derogatory calculation

Select the derogatory value model to calculate derogatory depreciation. The value model will be used to calculate the tax depreciation.

NoteNote

(FRA) This control is available only to legal entities whose primary address is in France.

Derogatory tax model

Select this option to use the value model for derogatory depreciation.

NoteNote

(FRA) This control is available only to legal entities whose primary address is in France.

Value model

Select a derived value model. The purpose of the derived value models is to copy fixed asset transactions from one value model to a different one. This functionality is especially useful when a fixed asset is set up with, for example, one value model for accounting and one for tax.

Transaction type

Select the type of transaction for the derived value model.

Depreciation book

Select a derived depreciation book. The purpose of the derived depreciation book is to copy fixed asset transactions from one depreciation book to a different one. This functionality is especially useful when a fixed asset is set up with, for example, one depreciation book for accounting and one for tax.

Transaction type

Select the type of transaction for the depreciation book.


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