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Run the impairment recognition test and calculate the impairment amount on individual assets

This article explains how to run the impairment recognition test and calculate the impairment amount on individual assets for Japan in Microsoft Dynamics 365 Finance.

Before you can complete the following procedure, you must maintain impairment indicators on individual assets.

The procedure uses the demo data company JPMF.

Impairment recognition test

To run the impairment recognition test and calculate the impairment amount on individual assets, follow these steps.

  1. In Dynamics 365 Finance, go to Fixed assets > Periodic tasks > Impairment on individual assets > Impairment recognition test.
  2. Select Query.
  3. In the list, find and select the Fixed asset group row.
  4. In the Criteria field, enter a value. For example, enter "TOOL-M".
  5. Select OK.
  6. Confirm that three fixed assets with impairment indicators configured are displayed. TOOLM-000006 doesn't have any impairment adjustment, whereas TOOLM-000007 and TOOLM-000008 have adjustments of -1,750,000.00 and -2,250,000.00, respectively.
  7. Select Save impairment to open the drop dialog.
  8. In the Description field, enter a value.
  9. In the Date field, enter a date.
  10. Select OK. The confirmation form of the impaired fixed assets is displayed and the impairment test ID is issued.