Yes, in Dynamics 365 Finance's Fixed Asset module, books are typically assigned to depreciation profiles. Depreciation profiles determine how an asset's value is depreciated over time, including factors like depreciation methods, useful life, and other relevant calculations. Assigning assets to depreciation profiles helps manage and track their financial aspects accurately.
Books are assigned to Fixed asset groups, and Depreciation profiles are assigned to books:
https://learn.microsoft.com/en-us/training/modules/explore-expense-management-fixed-asset-management/4-explore
Books are assigned to depreciation profiles in D365 fixed asset module
https://learn.microsoft.com/en-us/dynamics365/finance/fixed-assets/tasks/set-up-depreciation-books-2016-05
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