Calculating Depreciation in Business Central
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- Опубліковано 6 вер 2024
- This video talks through some of the options we have for calculating depreciation in Business Central. We start off by reviewing the fixed asset card, we then move on to using the automated depreciation calculation in Business Central to generate some journal lines. We then talk through some different options around calculating depreciation manually and using dimensions on depreciation postings.
Enjoyed your video Gurdeep thank you, you touched on some trouble shooting on why depreciation may not be running (Calculate Depreciation date is > Depreciation Book Starting Date). Is there any other common traps for why depreciation may not be running in the calculate depreciation? Cheers!
@scottfinnkt6 hey there! Thank you so much for reaching out!! There could be a number of errors that may show up when calculating depreciation, but by far the most common one I've seen is when the FA Journal Setup has not been completed on the depreciation book - this will stop us calculating depreciation! If you have any other errors pls do reach out and I'll try to help!
Hi kindly how does one correct this error when adding a fixed asset through purchasing, Depreciation Book Code must have a value in purchase Line: Document Type=Invoice, Document No=INV00030,Line No.= 10000. It cannot be zero or empty.
hi there! thank you for your message, so you will need to add a field to the purchase lines area, called depreciation book, and populate this with the correct depreciation book. To stop this message in the future, you could add a default depreciation book on the "fixed asset setup" page. hope this helps!
Hi! This has been very helpful in understanding the cause of the error however I have tried to look at ways to edit the purchases columns to include the depreciation book but haven't reached there yet. How can I get there, thanks.
@dka87 hey there! The depreciation book code field should be there, can I confirm that when you are adding new fields you're adding them into the lines section of the page? When in add fields mode, you need to click on the purchase line section to add fields to that area. If this still doesn't work we can try and get on a call ...
@@gurdeepbahra6843 Hey there! I was able to figure it out and your guidance was amazing. Thanks much appreciated.
The testarossa is nicer 🙂
@Bugaboo13sks you have very good taste!! I love the Testarossa, beautiful machine.. I guess this car wouldn't have much depreciation? Maybe appreciation haha! Thank you for reaching out!!!