Fixed assets tie up significant amounts of capital and have a long-term influence on your company's balance sheet. Fixed asset accounting in Microsoft Dynamics 365 Enterprise for Operations (formerly Microsoft Dynamics AX) allows you to keep track of the entire life cycle of your assets — from acquisition through to depreciation.
This module allows you to comprehensively manage your tangible and intangible assets and is completely integrated within Microsoft Dynamics 365 Enterprise for Operations Financial Management. It supports you with depreciation and investment proposals and helps you to precisely plan investments.
With fixed asset accounting in Microsoft Dynamics 365 Enterprise for Operations, you can conveniently set up new assets using asset groups. The module uses the accounting periods of the general ledger account and allows you to calculate depreciation quickly and reliably for each fiscal year with access to all of the current depreciation books and various allowance-for-depreciation methods. The module also offers a variety of functions that support you in the implementation and documentation of asset movements and disposals.
For asset planning, the module offers an unlimited number of budget models to which you can easily map stored depreciation methods. You can also perform the hypothetical depreciation of potential assets, which can support you in analyses and future purchase decisions.