emea-hun-low-cost-fixed-assets.md

title	description	author	ms.author	ms.topic	ms.date	ms.reviewer	audience	ms.search.region	ms.search.validFrom	ms.search.form	ms.dyn365.ops.version
Low-cost fixed assets	Learn about low-cost fixed assets for Hungary, including overviews on setting up low-cost asset thresholds and books for low-cost fixed assets.	EvgenyPopovMBS	evgenypopov	article	10/31/2017	johnmichalak	Application User	Hungary	2016-11-30	AssetParameters	Version 1611

Low-cost fixed assets

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This article provides information about low-cost fixed assets for Hungary.

A low-cost asset is an asset for which the acquisition cost doesn't exceed a predefined amount. Hungarian tax law defines the limit (threshold) for low-cost assets. These assets can be fully depreciated at the same time that they are acquired.

Set up the low-cost asset threshold

To set up the limit for low-cost assets, click Fixed assets > Setup > Fixed assets parameters. Then, in the Low-cost asset threshold field, enter the value limit for low-cost assets.

Set up books for low-cost fixed assets

When you create an acquisition transaction for an asset that uses the book for low-cost assets, depreciation is generated automatically.

1. Click Fixed assets > Setup > Books.
2. Select the book for low-cost assets, and select the Low-cost asset check box.

Note: Only value models that use the "Manual" or "Straight line service life" depreciation profiles/global methods, or the Hungary-specific "Straight line (Hu)" method, are available for low-cost depreciation.

Generate acquisition and depreciation transactions for low-cost fixed assets

When you acquire an asset, you create an acquisition transaction from the pre-acquisition transaction. When you post the acquisition transaction for a low-cost asset, the depreciation transaction is generated automatically.

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