Deprecated: (LVA) Fixed asset tax report [AX 2012]

Updated: October 24, 2013

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

In Microsoft Dynamics AX 2009, you can create a depreciation profile by using the tax depreciation method. You can also define the value models for fixed assets, assign categories to fixed assets based on value models, and calculate tax depreciation for an individual asset or a category of fixed assets. Additionally, you can generate reports, such as the Fixed asset tax report, to view the calculated tax depreciation. In accordance with Latvian legal requirements, the income tax for business organizations is adjusted by using the asset depreciation and calculated by using the tax depreciation method. The tax depreciation method is an extension of the reducing balance method, which is used in Latvia to determine the income tax for business organizations. In Microsoft Dynamics AX 2012 R2, the country-specific Fixed asset tax report for Latvia is no longer available.

Item

Description

Reason for deprecation

The Fixed asset tax report is no longer legally required. Therefore, a country-specific report is not required.

Replaced by another feature

No. The feature is no longer available, and there is no replacement feature.

Modules affected

Fixed assets

Changes to installation

This change does not affect application installation.

Changes to upgrade

This change does not affect application upgrade.


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

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