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Control and manage the entire life cycle of your fixed assets—from acquisition to disposal—to maximize the value of your business investments.
With Fixed Assets you can see a quick overview of the fixed assets in your organization. You will also be able to monitor depreciation on each fixed asset.
Benefits:
- Make depreciation work for you. View accumulated depreciation using any one of more than a dozen common tracking methods. Back out or project ahead for any asset on your books, and make better decisions about the most costefficient timing of asset acquisition and disposal.
- Save time managing changes. Use account groups to make changes to a large group of assets in a single operation, or update all fields related to one asset with just one posting.
- Take control of costs. Track and analyze maintenance and insurance costs for each of your fixed assets so you can budget effectively and better understand costs over the life cycle of the asset.
- Gain a more comprehensive perspective. Fixed Assets integrates with General Ledger and other Microsoft Dynamics NAV functionality so you can incorporate asset holdings into financial assessments and achieve a more complete, up-to-the-minute view of your overall financial status.
Maintain complete records of all your asset information in a structure that makes sense for your business with Fixed Assets in Microsoft Dynamics™ NAV. This fully integrated solution equips you to accurately record, track, depreciate, and dispose of your company’s assets with minimal effort and maximum flexibility. You can view and analyze the current status of your fixed assets in real time, including costs, depreciations, and asset transactions. You can also automate depreciation calculations and other standard operations to streamline accounting procedures. A home page that groups the tasks and information asset managers need most makes it fast and easy to perform common tasks and access critical data.
Features:
- Easy and customizable asset tracking. Define and track assets by description, location, or number, add additional custom fields, and set default views. Create and manage an unlimited number of books of assets.
- Powerful reporting and analysis. Determine the level of detail you need in your fixed asset reports and define whether assets appear as a single entity or a set of components. Generate simulation reports to show how the book value and depreciation will develop over time.
- Customizable depreciation methods. Implement a depreciation method tailored to your accounting or legal requirements. Use standard depreciation methods such as straight-line, declining balance, and accelerated depreciation or define your required depreciation conditions, including the frequency of depreciation. Set up an unlimited number of depreciation books for taxes or other purposes without affecting your general ledger.
- Maintenance cost monitoring. Know what your assets cost you. Record routine maintenance and service performed on your assets, and monitor the cost of insurance coverage, including annual premiums. Use this data to make critical decisions about whether to renew assets and how to allocate them to specific insurance policies.
- Asset manipulation. Reclassify part or all of a fixed asset. Separate asset components, recombine them as needed, or consolidate several assets into one. Dispose of part of a fixed asset instead of the entire asset.
- Integrated data. Fixed Assets data integrates with General Ledger and with Payables and Receivables to give you a real-time, accurate overview of your financial status, including your book value and accumulated depreciation, without manual updates. Specify how to allocate depreciation (gain or loss) to different general ledger accounts.
- Asset review and analysis. View and analyze all the information defined for a fixed asset, including asset account, lease, insurance, or user-defined data, from one intuitive, user-friendly screen. Then drill down to review specific transactions, such as service performance, in more detail.
- Integration with Microsoft® Office system programs. Work more productively than before when you can easily export and analyze asset data into familiar applications such as Microsoft Office Excel® or Microsoft Office Word.
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