Set up master data for inclusion of deductible expenses for multiple posting layers

This article explains how to create fixed asset rules with required master data for inclusion of deductible expenses for multiple posting layers for Japan in Microsoft Dynamics 365 Finance.

Before you complete the following procedures, you must first select the Fixed Asset configuration key.

The procedures use the demo data company JPMF.

Set up depreciation settlement rules

To set up depreciation settlement rules, follow these steps.

1. In Dynamics 365 Finance, go to Fixed assets > Setup > Depreciation settlement rules.
2. Optionally, if the settlement rule table is empty, you're asked if you want to import the default set of rules. Select OK to import the default set of rules.
3. Select New.
4. In the Over depreciation field, select Over depreciation = Ordinary depreciation.
5. In the Under depreciation field, select Under depreciation = Additional depreciation (reserve).
6. Select OK.
7. In the Filter by rule type field, select Filter by rule type = Carry forward of over depreciation or under depreciation amount.
8. Select Edit rule.
9. In the Periods to carry forward (years) field, enter a number.
10. Select OK.

Set up a book

To set up a book, follow these steps.

1. In Dynamics 365 Finance, go to Fixed assets > Setup > Books.
2. Select New.
3. In the Book field, enter a value.
4. In the Description field, enter a value.
5. Expand the General section.
6. Configure the parameters according to the core fixed asset features.
7. Expand the Derived books section.
8. Select the book on the tax layer that will reference this book. If you add a derived book for the acquisition type, the system simplifies the operation by automatically acquiring the tax layer book.
9. Select Save.
10. Use the Quick Filter to search for the tax layer book that you want to run settlement with the current layer book.
11. Expand the General section.
12. In the Referenced book field, enter the book that you created.
13. Select Save.
14. Close the page.