(HUN) Set up a value limit for low-cost assets [AX 2012]

Updated: August 9, 2012

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

A low-cost asset is an asset for which the acquisition cost does not exceed a predefined amount. Hungarian tax law defines the limit for low-cost assets. These assets can be fully depreciated immediately.

Use this procedure to enable immediate depreciation by specifying the value limit for low-cost assets. Depreciation is automatically generated for a low-cost asset when you create the acquisition.

  1. Click Fixed assets > Setup > Fixed assets parameters.

  2. In the Fixed assets area, on the General FastTab, in the Low-cost asset threshold field, enter the value limit for the low-cost asset. This value cannot exceed 100,000.

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