Table of Contents

Introduction

0-1

Welcome........................................................................................................................................... 0-1
Microsoft Dynamics Courseware Contents ......................................................................... 0-2
Documentation Conventions .................................................................................................... 0-3
Student Objectives ....................................................................................................................... 0-4

Module 1:

Introduction

1-1

Module Overview .......................................................................................................................... 1-1

Fixed Assets Overview ................................................................................................................. 1-2
Structure ........................................................................................................................................... 1-5
Integration with Other Modules .............................................................................................. 1-7
Module Review............................................................................................................................ 1-11

MODULE 2: Setup Procedures

2-1

Module Overview .......................................................................................................................... 2-1

System Setup for Fixed Assets ................................................................................................. 2-2
Lab 2.1 - Set Up Main Accounts .............................................................................................. 2-8
Lab 2.2 - Set Up a Number Sequence ................................................................................ 2-10
Fixed Assets Module Setup .................................................................................................... 2-12
Lab 2.3 - Set Up a Depreciation Profile.............................................................................. 2-29
Lab 2.4 - Set Up Value Models.............................................................................................. 2-30
Lab 2.5 - Set Up a Fixed Asset Group ................................................................................. 2-32
Lab 2.6 - Set Up a Posting Profile ........................................................................................ 2-33
Parameters .................................................................................................................................... 2-37
Depreciation Methods ............................................................................................................. 2-41
Depreciation Conventions ...................................................................................................... 2-49
Depreciation Books Overview ............................................................................................... 2-51
Extended Functionality Features - Provision Types and Bonus Depreciation ..... 2-53
Mass Update Depreciation Conventions for a Depreciation Book ......................... 2-60
Module Review............................................................................................................................ 2-61

Module 3:

Setup of Assets

3-1

Module Overview .......................................................................................................................... 3-1

Fixed Assets Form ......................................................................................................................... 3-2
Set Up Assets .................................................................................................................................. 3-8
Lend Assets ................................................................................................................................... 3-15
Assign Bar Codes to Assets .................................................................................................... 3-16
Asset Budgeting ......................................................................................................................... 3-18
Project Module Integration to Fixed Assets ..................................................................... 3-19
Lab 3.1 - Set Up a Fixed Asset ............................................................................................... 3-24
Module Review............................................................................................................................ 3-26

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Fixed Assets in Microsoft Dynamics AX 2012

Module 4:

Asset Transactions

4-1

Module Overview .......................................................................................................................... 4-1

Scenario ............................................................................................................................................ 4-2
Typical Fixed Asset Transaction Types .................................................................................. 4-2
Record Acquisitions...................................................................................................................... 4-5
Lab 4.1 - Acquiring an Asset Using the Fixed Assets Journal .................................... 4-13
Lab 4.2 - Acquiring an Asset Using the Inventory to Fixed Assets Journal .......... 4-15
Create and Acquire Fixed Assets From Purchasing ....................................................... 4-17
Record Depreciation ................................................................................................................. 4-28
Lab 4.3 - Depreciating an Asset Using a Proposal......................................................... 4-33
Record Value Adjustments ..................................................................................................... 4-34
Record Disposals ........................................................................................................................ 4-34
Lab 4.4 - Dispose of an Asset Using the Fixed Assets Journal .................................. 4-39
Transaction Reversals ............................................................................................................... 4-40
Replacement Cost and Insured Value Update ................................................................ 4-46
Copy Fixed Assets and Change Fixed Asset Groups ..................................................... 4-50
Fixed Asset Additions ............................................................................................................... 4-52
Module Review............................................................................................................................ 4-55

Module 5:

Inquiries and Reports

5-1

Module Overview .......................................................................................................................... 5-1

Inquiries ............................................................................................................................................ 5-2
Reports .............................................................................................................................................. 5-8
Module Review............................................................................................................................... 5-9

Appendix A:

Reports

A-1

Fixed Asset Base Data Reports ................................................................................................ A-1

Fixed Asset Transactions Reports........................................................................................... A-3
Fixed Assets External Reports .................................................................................................. A-3
Fixed Assets Lending Reports.................................................................................................. A-4
Fixed Assets Budget Reports ................................................................................................... A-4

ii

Microsoft Official Training Materials for Microsoft Dynamics

Your use of this content is subject to your current services agreement