The fixed assets opening balance phase has some specific considerations. To ensure accurate fixed asset opening balance, it is recommended you take into consideration the following points:
- Accurately collect the fixed assets register information: actual acquisition date, service life, current net book value, and depreciation remaining periods.
- To ensure the accuracy of fixed assets calculations, it is recommended you let the calculation be done by the fixed assets submodule in Microsoft Dynamics 365 for Finance and Operations.
- Also, consider the fixed assets that are acquired in a foreign currency, and modify the acquisition entry with the currency and the exchange rate.
The Go-Live of the fixed assets may be ...