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Double Declining Balance Depreciation

  • 1.  Double Declining Balance Depreciation

    Posted 13 days ago
    #D365 Business Central #Depreciation #Double Declining Balance

    We are trying to run double declining balance tax depreciation.  When we try to select under depreciation method Declining-Balance 1 or Declining-Balance 2, we get an error message "Depreciation Method must not be declining Balance-1 in FA Depreciation Book FA NO=F00***, FA Depreciation Book Code=Tax".

    We are able to select Straight-Line, DB1/SL & DB2/SL as Depreciation Methods.  However, these methods are not calculating a double declining balance; they all calculate a straight line depreciation.

    How can we enable the Declining Balance 1 or 2 Depreciation Methods.​

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    Judy Turk
    J&L Laboratories, LLC
    Houston
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    Conference-BCNAVUG_200x200


  • 2.  RE: Double Declining Balance Depreciation

    TOP CONTRIBUTOR
    Posted 13 days ago
    Judy,

    Based on this error (that is not very helpful error by the way,) it appears you may be trying to save the record with a Depreciation End Date or by setting No. of Years. If I remember correctly, for Declining Balance you need to define a Depreciation Starting Date and Declining-Balance %. Please test and let me know if this is the issue.
    FA dep book


    Thanks,


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    Cynthia Priebe
    New View Strategies
    "The NAV & BC training and process experts"
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    Conference-BCNAVUG_200x200


  • 3.  RE: Double Declining Balance Depreciation

    Posted 13 days ago
    Cynthia,

    Thank you so much!  I totally overlooked the Declining Balance Percentage.  Worked like a charm.

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    Judy Turk
    J&L Laboratories, LLC
    Houston
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    Conference-BCNAVUG_200x200


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