How to: Set Up Fixed Asset Insurance

To manage fixed asset insurance coverage, you must first set up some general insurance information and an insurance card per policy.

To set up general insurance information

To use the insurance features in Financials, you must set up some general insurance information.

  1. Choose the Search for Page or Report icon, enter FA Setups, and then choose the related link.
  2. Fill in the fields as necessary. Choose a field to read a short description of the field or link to more information.

To set up insurance types

You can group your insurance policies into categories, such as insurance against theft or fire insurance. The insurance types are used on the insurance card.

  1. Choose the Search for Page or Report icon, enter Insurance Types, and then choose the related link.
  2. Fill in the fields as necessary.

To set up insurance cards

You may accumulate information about each insurance policy on the insurance card.

  1. Choose the Search for Page or Report icon, enter Insurance, and then choose the related link.
  2. In the Insurance window, choose the New action to create a new insurance card.
  3. Fill in the fields as necessary.

To set up insurance journal templates

Financials automatically creates an insurance journal template the first time that you open the Insurance Journal window, but you can set up additional journal templates. For more information, see Working with General Journals.

  1. Choose the Search for Page or Report icon, enter Insurance Journal Templates, and then choose the related link.
  2. Fill in the fields as necessary.

To set up insurance journal batches

You can set up batches in an insurance journal template. The values in the journal batch are used as default values if the fields are not filled in on the journal lines. For more information, see Work with General Journals

  1. Choose the Search for Page or Report icon, enter Insurance Journal Templates, and then choose the related link.
  2. Select an insurance journal template, and then choose the Batches action.
  3. In the Insurance Journal Batches window, fill in the fields as necessary.
Note

Numbers have a special function in journal names. If a journal template name or journal batch name contains a number, the number automatically advances by one every time that the journal is posted. For example, if HH1 is entered in the Name field, the journal name will change to HH2 after the journal named HH1 has been posted.

See Also

Setting Up Fixed Assets
Fixed Assets
Finance
Welcome to Dynamics 365 for Financials
Working with Financials