(JPN) Identify impaired assets and post journals for impairment

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2

Follow the steps in this topic to generate a list of fixed assets that are possibly impaired, run the impairment recognition test to generate a list of impaired fixed assets, and then create and post journals for fixed asset impairments.

Nota

This topic does not apply to versions of Microsoft Dynamics AX 2012 prior to cumulative update 7 for AX 2012 R2.

Prerequisites

The following table shows the prerequisites that must be in place before you start.

Category	Prerequisite
Version	Microsoft Dynamics AX 2012 R2 with cumulative update 7 or later
Country/region	The primary address for the legal entity must be in the following countries/regions: Japan
Related setup task	Set up impairment accounting for fixed assets. For more information, see (JPN) Set up impairment accounting for fixed assets.

1. Generate a list of fixed assets that are possibly impaired

Use the Impairment review form to generate a list of fixed assets that are possibly impaired and a list of transactions for review purposes. You can review the fixed assets and transactions, and then generate a report for distribution, receiving, or other purposes, if required.

To perform this task, follow these steps:

1. Click Fixed assets > Periodic > Impairment > Impairment management.

2. In the Book type field, select Value model or Depreciation book as the book type to review impairments for.

3. On the Carrying amount overview FastTab, click Query, and then specify the criteria, such as fixed asset numbers, fixed asset groups, or value models to generate the list of fixed assets. Click OK. The list of fixed assets that are to be reviewed is updated on the Carrying amount overview FastTab in the Impairment review form.

4. Click Specify percentage, and then in the Percentage field, enter the percentage of fixed assets from the list of fixed assets to review impairments for.

5. On the Transaction analysis overview FastTab, click Query, and then specify the criteria, such as fixed asset numbers, fixed asset groups, or value models to generate the list of fixed asset transactions. Click OK. The list of fixed asset transactions that are to be reviewed is updated on the Transaction analysis overview FastTab in the Impairment review form. It is not mandatory to generate a list of transactions. However, you can use the transactions to review the fixed assets.

6. Select a fixed asset on the Carrying amount overview FastTab or select a transaction on the Transaction analysis overview FastTab, and then click Generate report to generate a report, if required.

You can select fixed assets in the Impairment review form, and then click Update impairment indicators to open the Update impairment indicators form, where you can update the impairment indicators for the fixed assets.

2. Run a recognition test to identify assets for impairment accounting

Use the Impairment recognition test form to run the impairment recognition test using the impairment indicators to generate a list of impaired fixed assets.

To perform this task, follow these steps:

1. Click Fixed assets > Periodic > Impairment > Run recognition test.

2. In the Book type field, select Value model or Depreciation book as the book type to run the impairment recognition test for.

3. In the From date and To date fields, specify the starting date and ending date of the period for the impairment recognition test.

4. Click Query to open the Inquiry form, where you can specify the criteria, such as fixed asset numbers, fixed asset groups, and posting layers to run the recognition test for.

5. Click OK.

6. In the Impairment recognition test form, you can verify the list of impaired fixed assets that is updated.

   Field	Description
   Fixed asset group	The group that the fixed asset belongs to.
   Fixed asset number	The identification number of the fixed asset.
   Name	The name of the fixed asset.
   Book	The identification code of the value model or depreciation book.
   Book type	The book type for the fixed asset. The options are Value model and Depreciation book.
   Status	The status of the fixed asset.
   Acquisition price	The amount that is paid to acquire the fixed asset.
   Net book value	The net book value of the fixed asset. This is the outstanding value of the fixed asset, including the scrap value.
   Expected scrap value	The expected scrap value of the fixed asset. This is part of the acquisition price, which is the value of the fixed asset at the end of its service life.
   Impairment	The impairment write-down amount for the fixed asset.
   Undiscounted cash flow	The undiscounted cash flow amount for the fixed asset.
   Recoverable amount	The recoverable amount for the fixed asset.
   Impairment adjustment amount	The calculated impairment adjustment amount for the fixed asset.

7. To save the test results for later use, perform these steps:

   1. Click Save impairment, and then in the Impairment test ID field, enter an identification code for the test result record.

   2. In the Description field, enter a description of the test result record.

   3. In the Date field, enter the date to save the test result record.

3. Create and post a journal for fixed asset impairments

Use the Depreciation book journal or Fixed assets form to create and post journal transactions for impaired fixed assets. You can specify details about the impairment before you post the journal.

To perform this task, follow these steps:

1. Click Fixed assets > Journals > Depreciation book journal.

   –or–

   Click Fixed assets > Journals > Fixed assets.

2. Create a journal. For more information, see Encabezado de diario (formulario).

3. Click Lines to open the Journal line form or the Journal voucher form, and then click Proposals > Impairment proposal.

4. In the Select from the saved impairment test results dialog box, in the Impairment test ID field, select the identification code of the impairment test to create the journal for.

5. Click OK to create journal lines in the Journal line form, depending on the information that is available in the impairment test record that you select. You can modify the details about the impairment before you post the journal, if required.

6. Click Validate to validate the depreciation book journal lines or fixed asset journal lines.

7. Click Post > Post to post the journal.

You can view the amount for the impairment transactions for a fixed asset in the Write down adjustment field in the Fixed asset balances form.

Related tasks

(JPN) Set up depreciation and depreciation methods

(JPN) Fixed asset depreciation

(JPN) Asset retirement obligation for fixed assets

Technical information for system administrators

If you don't have access to the pages that are used to complete this task, contact your system administrator and provide the information that is shown in the following table.

Category	Prerequisite
Configuration keys	Ensure that the Asset configuration key is available under the Data Dictionary > Configuration Keys node in the Application Object Tree (AOT).
Security roles and duties	To perform this task, you must be a member of a security role that includes the Manage fixed asset impairment (AssetFixedAssetImpairmentManage_JP) duty.
Security roles and privileges	To perform this task, you must be a member of a security role that includes the following privileges: Generate asset impairment recognition test result (AssetImpairmentTestGenerate_JP) Generate asset impairment review (AssetImpairmentReviewGenerate_JP) Maintain the indicators for doing impairment review and test (AssetImpairmentIndicatorMaintain_JP) View the indicators for doing impairment review and test (AssetImpairmentIndicatorView_JP) Generate fixed asset impairment transaction report (AssetImpairmentTransactionGenerate_JP Generate journal line for asset impairment transactions (AssetImpairmentProposalGenerate_JP)