Pass service life from Asset leasing to Fixed assets
Important
This content is archived and is not being updated. For the latest documentation, go to What's new or changed in Dynamics 365 Finance. For the latest release plans, go to Dynamics 365 and Microsoft Power Platform release plans.
| Enabled for | Public preview | General availability |
|---|---|---|
| Admins, makers, marketers, or analysts, automatically | 
Aug 31, 2021 |
Oct 1, 2021 |
Business value
This feature updates the service life of a leased asset in Fixed assets, helping you to maintain compliance with current accounting standards. The feature also automates the process of passing service life from Asset leasing to an asset book.
Feature details
This enhancement allows the service life of an asset to be added automatically to the asset book in Fixed assets. The service life information is taken from the lease term or the asset useful life, whichever is less, in Asset leasing.
See also
Associate fixed assets with leases (docs)
Set up Asset leasing in Dynamics 365 Finance - Associate fixed assets with leases (learn)