Hello!
I am testing a revaluation transaction in AX-2012. The FA Journal posting to adjust the Cost value is working appropriately. When I view my Profile for the Asset (ie. future depreciation) after posting the revaluation I am expecting to see the same amount of depreciable periods as before, however I am seeing more periods therefore extending the service life of the asset (in this example I added value to the asset Cost basis). In the end the NBV is $0. Is there a way for the system to calculate the remaining NBV over the remaining depreciable periods vs. calculating what the depreciation should have been and using that amount until NBV is $0? I checked the box on the Asset "create depreciation adjustments with basis adjustments" and that did not seem to make a difference.
*Note - our company was sold and is therefore revaluing assets, we are not changing accounting systems at this time or General Ledgers, it is as if we are continuing business as usually just making our purchasing accounting entries on a certain date so that our reporting is correct. Perhaps there is a better way to manage this in AX?
Thank you in advance for your time.