Configure and manage fixed assets in Dynamics 365 Finance

Intermediate
Functional Consultant
Business User
Dynamics
Finance
Finance and Operations

You can set up and enter acquisition information for fixed assets, and then manage them by depreciating them and setting a capitalization threshold. The way in which fixed assets are handled must correspond with both international accounting standards and the accounting legislation in each country or region.

Prerequisites

  • Basic understanding of finance and accounting processes.
  • The ability to use Finance for basic processing.
  • General understanding of purchase order and sales order invoicing.

Modules in this learning path

The way in which fixed assets are handled must correspond with both international accounting standards and the accounting legislation in each country or 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 in Dynamics 365 Finance incorporates many of these standards and rules.

You can set up and enter acquisition information for fixed assets, and then manage them by depreciating them and setting a capitalization threshold to determine depreciation. Additionally, you can calculate adjustments to the fixed assets and dispose of them. When you use general ledger together with fixed assets, you can view the current value of all fixed assets.