Module 1: Introduction to Fixed Assets

This chapter explains the basic Fixed Assets concepts and components. It also describes the integration between Fixed Assets and the General Ledger, Accounts Payable, Accounts Receivable, and Inventory Management modules.

Lessons

• Fixed Assets Overview
• Functionality Required for Fixed Asset Accounting
• Structure and Integration with Other Modules

After completing this module, students will be able to:

Module 2: Setup Procedures

This chapter explains how to perform the necessary setup of the system and the Fixed Assets module. It also describes some country specific setup requirements.

Lessons

• System Setup for Fixed Assets
• Fixed Assets Module Setup
• Depreciation Methods
• Depreciation Conventions
• Depreciation Books Overview
• Country Specific Features
• Mass Update Depreciation Conventions for a Depreciation Book

After completing this module, students will be able to:

Module 3: Setup of Assets

This chapter explains how to set up the company's fixed assets in the application. It also covers lending assets, assigning bar codes to assets, and budgeting with assets.

Lessons

• Fixed Asset Form
• Setting up Assets in the Fixed Assets Module
• Inquiries in the Fixed Asset Form
• Bonus Depreciation
• Lending Assets
• Assigning Bar Codes to Assets
• Asset Budgeting

Lab: Lab 3.1: Set Up a Fixed Asset

After completing this module, students will be able to:

Module 4: Asset Transactions

This chapter explains how to use and record different Fixed Assets transaction types. It covers acquisition, depreciation, value adjustments, and disposal.

Lessons

• Available Transaction Types
• Recording Asset Transactions - Acquisitions
• Recording Asset Transactions - Depreciation
• Recording Asset Transactions - Value Adjustments
• Recording Asset Transactions - Disposals

After completing this module, students will be able to:

Module 5: Inquiries and Reports

This chapter explains how to create and view the inquiries and reports available in the Fixed Assets module.

Lessons

• Inquiries
• Reports

After completing this module, students will be able to: