Recalculate replacement costs and insured values

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, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

To recalculate replacement costs and insured values for fixed assets, you must first specify the percentage by which to change the existing costs and values. Then use the Update replacement costs and insured values form to recalculate the values. For more information, see About recalculating replacement costs and insured values for fixed asset groups.

  1. Click Fixed assets > Setup > Fixed asset groups.

  2. Select the group that includes the fixed assets to update.

  3. Click the General FastTab.

  4. In the Replacement cost factor field, enter the replacement cost percentage. In the Insured value factor field, enter the insured value percentage.

  5. Repeat steps 2 through 4 for each group that includes fixed assets for which replacement costs and insured values must be recalculated.

  6. Click Fixed assets > Periodic > Update replacement costs and insured values.

  7. Click Select to specify the criteria that will be used to select assets. Click OK to perform the update.

Results of the update

  • In the Fixed assets form, the values in the Insured value and Replacement cost fields are recalculated for all fixed assets that have a status of Open, and that meet the selection criteria.

  • In the Fixed assets form, the current date is displayed in the Last periodic value/cost update field on the Insurance FastTab.

See also

About recalculating replacement costs and insured values for fixed asset groups

Update replacement costs and insured values (form)