Category: Fixed asset
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Fixed asset in general: Fixed assets are the long term assets which is owned by the company and are used to produce goods or services. For example Plant and machinery, Land and buildings, Computers etc. The FA life cycle involves acquisition, depreciation, write down, write up and scrap or sale of an asset. Fixed asset in…
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About Fixed asset roll forward report Fixed asset roll forward report is a schedule showing the opening balance, additions, write up\write downs, accumulated depreciation, transfers, disposal and ending balance for a given period. Generally, the roll forward report is used for period close process to analyze the summarized information about the fixed asset movements. Such…
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The October release (Update 8.1) of Microsoft Dynamics 365 for Finance and Operations made significant improvements with lot of new features and functionalities added in Financial management modules. ‘Dual currency’ concept is one of them to track all sub-ledger transactions in reporting currency, this has given the real purpose to the reporting currency by not…
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