Months

  • Article

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

The following changes occur when you create a revenue recognition of reserves proposal for a fixed asset journal line, depending on whether the fixed asset has expired:

  • The fixed asset has not yet expired – If the ownership period has not exceeded the number of months that is indicated in the Months field in the Fixed assets provision types form, a transaction with only an offset account is suggested. Instead of entering a ledger account, you can enter the number of the new fixed asset that has replaced the old one. The value of the new fixed asset is reduced by the reserve amount from the sale of the old asset.

  • The fixed asset that is being sold has expired – If the ownership period has exceeded the Months field value, the option to post the reserve amount to the account that is set up in the Account for revenue recognition of untransferred reserves field in the Fixed asset parameters form is suggested.

All suggested accounts are default accounts and can be changed before posting.

To view information that displays existing and dissolved reserves, print the Fixed asset reserve transactions report. (Click Fixed assets > Reports > Transactions > Fixed asset reserve transactions.)

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