Set up value models
Important
This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.
Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
Value models track the financial value of a fixed asset over time for various purposes, such as accounting depreciation, tax depreciation, revaluation, and disposal. Each value model represents an independent financial life cycle, and each fixed asset can have several value models assigned to it.
Before you set up value models, you must set up depreciation profiles to assign to the value model. You must also set up a fiscal calendar to assign to the value model.
Click Fixed assets > Setup > Value models.
Enter a unique identifier in the Value model field, and enter a short description of the value model in the Description field.
If the value model is used for depreciation of the fixed asset, enter values in the Depreciation field group.
Select the posting layer. The default value is Current, but you can also select Operations or Tax.
Select additional options, as applicable. For more information, see Posting layer.
You can attach other existing value models to use at the same time as the new value model. On the Derived value models FastTab, create a line for each value model, select the value model, and then specify the transaction type.
You can attach existing depreciation books that will be used at the same time as the new value model. On the Derived depreciation books FastTab, create a line for each depreciation book, select the depreciation book, and then specify the transaction type.
To attach the new value model to one or more fixed asset groups, click Fixed asset groups. For more information, see Fixed asset group/value model (form).
See also
Set up fixed asset posting profiles