Configure and manage fixed assets and Asset leasing in Dynamics 365 Finance
You can set up and enter acquisition information for fixed assets, and then manage them by depreciating them and setting a capitalization threshold. The way in which fixed assets are handled must correspond with both international accounting standards and the accounting legislation in each country or region. Asset leasing is an advanced ability to monitor, track, and automate financial transactions for leased properties in Dynamics 365 Finance.
Prerequisites
- Basic understanding of finance and accounting processes.
- The ability to use Finance for basic processing.
- General understanding of purchase order and sales order invoicing.
- Understanding of asset leasing concepts.
Achievement Code
Would you like to request an achievement code?
Modules in this learning path
Learn how to configure and create fixed assets to comply with international accounting standards.
Discover how to efficiently manage fixed assets in Dynamics 365 Finance with step-by-step instructions for setup, acquisition, and recording.
The key to correctly managing your fixed assets in Dynamics 365 Finance is to focus on budgeting, transfers, group setup, and updates. Additionally, you can review the fixed assets rollover reports for period closing, financial statements, and tax reporting in the familiar Excel format.
Managing fixed assets involves careful tracking of depreciation, disposal, and valuation. By using various transaction types and following defined procedures, organizations can accurately account for fixed asset transactions and maintain financial transparency.
This module helps you to set up the Asset leasing features in Dynamics 365 Finance, and how to get started with the Asset leasing functionality.
Asset leasing captures and processes information about leases and helps you generate journal entries throughout the life cycle of the lease, from initial recognition, monthly journal entries, to impairment and termination of the lease.