Change the depreciation method during the asset life for book

This article explains how to change the depreciation method for fixed assets under a fixed asset group and book in Japan with Microsoft Dynamics 365 Finance.

In Japan, you can change the depreciation method during the service life of a fixed asset.

The following procedures walk you through how to change a depreciation profile for the fixed assets under a fixed asset group and book. This procedure was created using the demo data company JPMF.

Before you complete the following procedures, you must select the Fixed Asset configuration key and configure Undepreciated balance schedule or Years passed schedule.

Change a depreciation profile

To change a depreciation profile, follow these steps.

1. In Dynamics 365 Finance, go to Fixed assets > Setup > Books.
2. Use the Quick Filter to find records. For example, filter on the Book field with a value of "250NDB_CUR".
3. Select Fixed asset groups.
4. Use the Quick Filter to find records. For example, filter on the Fixed asset group field with a value of "STRU-A".
5. Select Change depreciation profile.
6. In the To depreciation profile field, enter a value.
7. In the Start date field, enter the start date of a fiscal year in the current fiscal calendar.
8. Select Yes in the Update service life field. You can add an idle period if needed.
9. Select Apply.
10. Select Yes.

View the years passed schedule

To view the years passed schedule, go to Fixed assets > Setup > Depreciation rate schedules > Years passed schedules. The corresponding data must exist for the depreciation profile update.