Maintain fixed-asset master data files for deductible expenses

This article explains how to maintain fixed asset master data files for deductible expenses for Japan in Microsoft Dynamics 365 Finance.

The following procedures were created using the demo data company JPMF.

Set up a fixed asset group

To set up a fixed asset group, follow these steps.

1. In Dynamics 365 Finance, go to Fixed assets > Setup > Fixed asset groups.
2. Select New.
3. In the Fixed asset group field, enter a value.
4. In the Name field, enter a value.
5. In the Autonumber fixed assets field ,select Yes.
6. Select a number sequence code to autogenerate the fixed asset number.
7. Select the default location for new fixed assets.
8. Select Books.
9. Select New.
10. In the Book field, enter a value. For example, enter "200RED_CUR".
11. Expand the General section and configure the options.
12. Select Save.
13. Select New.
14. In the Book field, enter a value. For example, enter "250NDB_TAX".
15. Expand the General section and configure the options.
16. Select Save.

Create a fixed asset

To create a fixed asset, follow these steps.

1. In Dynamics 365 Finance, go to Fixed assets > Fixed assets > Fixed assets.
2. Select New.
3. In the Fixed asset group field, enter a value. You can use the fixed asset group that you created, or you can use "BUIL-M".
4. Select Books.
5. Verify that the books were created automatically.