Basic setup of Fixed assets

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

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

To set up fixed assets for your legal entity, you must complete several procedures.

The topics in this section provide information about fixed assets.

About assets acquired through procurement

Set up Fixed assets and Accounts payable integration

Set up number sequences for Fixed assets

Set up descriptions for fixed asset transactions

Set up journal names

About main accounts for fixed assets

Set up depreciation profiles

Set up value models

Set up fixed asset groups

Set up fixed asset posting profiles

Set up Fixed assets parameters

Set up provision types

Set up asset activity codes

Set up property groups

About derived value models

Set up Fixed assets workflows

About fixed assets integration

You must complete the setup procedures in the order in which they are listed.

You do not have to set up consumption depreciation. However, you must complete the setup if you are using consumption depreciation.

See also

Set up consumption depreciation