|
Fixed Assets
Dynamics NAV gives you a
real-time, accurate overview of
all your fixed assets. You
always know the book value and
accumulated depreciation of your
assets. You can integrate Fixed
Assets with other Dynamics NAV
application areas, such as
General Ledger and Purchases and
Payables, to reduce data entry
errors and easily reconcile
fixed assets entries and
postings.
Fixed Assets in Dynamics NAV
makes it easy for you to control
the maintenance of all your
fixed assets. Keep track of
maintenance schedules and costs,
budget for upcoming maintenance
costs and monitor the value of
your fixed assets. Find out
whether an asset costs more to
maintain than it's worth or
whether it should be renewed.
Dynamics NAV also helps you
manage the insurance policies
for your fixed assets. Monitor
annual insurance premiums and
link each fixed asset to any
number of insurance policies.
You always know whether you have
the right insurance coverage for
your assets.
Basic Fixed Assets
• Flexible asset definitions
• Specify fixed assets as
budgeted assets
• Set up assets as single
entities or as sets of
components
• Describe the required
depreciation conditions for
a fixed asset
• Define an unlimited number
of depreciation books for
each fixed asset
• Define depreciation books
for internal depreciation
calculations
• Integrate books with the
General Ledger
• Index depreciation book
entries
• View statistics for each
depreciation book
• Define frequency of
depreciation, such as
monthly, quarterly or yearly
• Make ledger entry lists
for each depreciation book
• Standard depreciation
methods straight-line,
declining-balance or
accelerated methods
• Combinations of
declining-balance and
straight-line (DB/SL)
• Define customized
depreciation methods
• Separate and partially
dispose of fixed assets
• Include photographs of
fixed assets with their
records
Insurance
• Monitor insurance coverage
and annual insurance
premiums of fixed assets
• See whether assets are
under-insured or
over-insured
• Allocate each asset to one
or more insurance policies
• Index insurance amounts
Maintenance
• Record maintenance,
service and expense
information
• Integrate maintenance
expenses with the general
ledger
Allocations
• Allocate depreciation,
gain/loss, or other types of
entries to different G/L
accounts
• Allocate depreciation of
fixed assets to combinations
of dimensions
Reclassifications
• Reclassify a fixed asset
or part of a fixed asset
|
