Split fixed assets

Important

Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned

Enabled for	Public preview	General availability
Users by admins, makers, or analysts	Jul 2025	Sep 2025

Business value

The enhanced Fixed asset split functionality allows businesses to manage asset splits with greater precision and flexibility. By offering options, such as selecting reporting currency exchange rate and previewing split outcomes, this feature simplifies the complex asset split process. It enables more accurate reporting, better audit trails, and efficient processing of asset splits.

Feature details

Key improvements include the ability to identify the source (from) asset and destination (to) asset, select either spot or historical exchange rates for reporting currency, and preview fields that display asset values before and after the split in accounting and reporting currencies. Users can split assets by amount or percentage. A new Fixed asset split list page offers a detailed audit trail, and the feature supports split updates across legal entities.