Fixed assets

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

Fixed assets are items of value, such as buildings, vehicles, land, and equipment, which are owned by an individual or corporation. You can set up and enter acquisition information for fixed asset records, and then manage fixed assets by depreciating them and setting a capitalization threshold to determine depreciation. You can calculate adjustments to the fixed assets, and also dispose of them.

When you use General ledger with Fixed assets, you can view the current value of all fixed assets. The way in which fixed assets are handled must correspond to both international accounting standards and the accounting legislation in each country/region. Requirements might include rules for recording acquisition and disposal transactions, depreciation, lifetimes, and write-ups and write-downs of fixed assets. The Fixed assets functionality incorporates many of these standards and rules.

Business processes

Fixed assets Business Process

Fixed assets at a glance

Important tasks

Primary forms

Popular reports

Create a fixed asset

Fixed assets (form)

Fixed asset acquisitions report (AssetAcquisition)

Transfer fixed assets

Fixed asset groups (form)

Fixed asset transactions report (AssetTransactionListing)

Split fixed assets

Depreciation books (form)

Fixed asset basis report (AssetBasis)

Process assets created from Accounts payable

Value models (form)

Fixed asset disposals report (AssetDisposal)

Integration of Fixed assets

Fixed assets can be integrated with the following modules and Microsoft products:

See also

Setting up and maintaining Fixed assets

Working with Fixed assets

Microsoft Dynamics AX reports