Dynamics 365 BC - Cancelling Fixed Assets

Go to the Fixed Asset – Ledger Entries



Go to the last entry – select Cancel Entries


You will be asked if you want to new Posting Date – if you don’t want it to post to the past, you can update to a new date or leave it to the last date

The system will tell you they have been inserted into a journal
Go to the FA Journal or FA G/L Journal (depending on Depreciation Book setup)
You will see the lines with depreciation and a reverse amount
Post
This will remove the entries from the asset
Repeat for each ledger entry – starting with the last one and working your way up