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[Zvika Rimalt]

#Retail
#AX2012
#D365forOperations

Hi All

I am trying to set up fixed asset depreciation in a company that uses 4-4-5 fiscal calendar (each quarter has 3 fiscal periods, 4 weeks, 4 week, and 5 weeks, and so forth)
I am using AX 2013 R3.

I set up the depreciation profile for Straight Line Service Life, and frequency of Fiscal Calendar/Fiscal Period.

when I go to depreciate the asset, AX correctly recognizes the fiscal calendar, and the creates depreciation proposal line correctly on the last day of each fiscal period as the posting date.

However, I expected AX to depreciate more (5/13) on the 5 week periods, and depreciate less (4/13) on the 4 week periods. Instead, all my depreciation amounts are exactly 1/12 from the annual depreciation amount.

How can I get AX to take into account the period length when proposing depreciation amount?

??????????

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Zvika Rimalt
Functional Consultant
Vancouver BC Canada
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[Ludwig Reinhard]

Hi Zvika,
We don’t use this in my home country; yet, I found the following post.
http://ellipsesolutions.com/setup-new-fiscal-year-calendar-4-4-5-5-4-4-periods-microsoft-dynamics-ax-2012/
Hope this helps.
Best regards,
Ludwig

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Ludwig Reinhard
SYCOR GmbH
Goettingen
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[Zvika Rimalt]

yes, I saw that blog. It only explains how to set up fiscal calendar I don’t think it says anything  about fixed assets or depreciation.

This type of fiscal calendar is not country specific but industry.
It tend to be used in retail companies.

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Zvika Rimalt
Functional Consultant
Vancouver BC Canada
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[Nicola Carter]

Hi Zvika
Do you have your calendar set on the value model?
We use a 4 4 5 calendar a lot and it does work 🙂
Nicola

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Nicola Carter
K3 Retail UK
Abingdon
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[Zvika Rimalt]

Hi Nicola, I did set up the 455 calendar on the value model – it helped in getting the depreciation date post to the correct date, but still only made equal posting.

Per Ryan’s message below it seems like I need to create a new weekly calendar, so I am keen to learn if you guys have a solution involving using the SAME 455 calendar.

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Zvika Rimalt
Functional Consultant
Vancouver BC Canada
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[Ryan Sorenson]

Hi Zvika,
See the post below for a description on how to set up fixed assets with the 5/4/4 period lengths.

https://www.axug.com/communities/community-home/digestviewer/viewthread?MessageKey=fd3bb0dd-49b1-4175-9860-e97d6195d630&CommunityKey=182d53cf-429b-4c75-a580-d5950846fd14&tab=digestviewer#bmfd3bb0dd-49b1-4175-9860-e97d6195d630

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Ryan Sorenson
Sunrise Technologies, Inc.
Salt Lake City, UT
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[Zvika Rimalt]

Thanks Ryan – this looks like it would work, I will give it a try today.

The only limitation I see with this method it can really only be used to post depreciation for one period at a time, since AX fixed asset setup does not “know” about the financial periods, but only about “weeks” – still I think this is good enough.

I completely missed out of the original post….

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Zvika Rimalt
Functional Consultant
Vancouver BC Canada
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