(LVA) Set up a value model for tax depreciation

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2

  1. Click Fixed assets > Setup > Value models.

  2. Press CTRL+N to create a new value model, and enter the required details.

    Note

    For more information, see Value models setup (form).

  3. Select the Summarize for category check box to calculate depreciation of all fixed assets that are attached to the value model as a group, instead of as individual assets.

    Value models are referred to as categories.

    Note

    The Summarize for category check box must be selected for periodic depreciation to be calculated for a value model.

  4. In the Posting layer field, select Tax.

  5. On the Tax coefficients FastTab, select New to create a new tax coefficient that is used to adjust the acquisition amount of the fixed asset.

  6. In the Starting year field, enter the starting year.

  7. In the Tax depreciation coefficient field, enter the coefficient to adjust the acquisition value of the fixed asset.

See also

(LVA) Assign tax categories to fixed assets