Fixed Assets in Microsoft Dynamics AX 2012 Training

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Fixed Assets in Microsoft Dynamics AX 2012 training focuses on the fixed asset functionality and its associated transactions and reports. The training loaded with hands-on practice and real life examples demonstrate how to set up the fixed asset module and integrate it with General Ledger, Accounts payable, Accounts receivable, Project accounting, and Inventory management modules.

After the completion of training, you will inculcate the following capabilities:

  • Define fixed asset and integrate it with different modules
  • Review different components for the setup of fixed assets, including Value models, Asset Groups, Disposal and Posting profile components
  • Use Capitalization threshold
  • Review depreciation methods and conventions for a depreciation book
  • Differentiate between financial and non-financial information for assets
  • Set up fixed asset, lend assets, and complete asset budgeting
  • Work on different asset transaction types and use proposals to enter fixed asset transactions
  • Use data inquiries and run reports
Target audience

The professionals involved in the following tasks in using Fixed Assets and Financial management modules in Microsoft Dynamics AX 2012 are the ideal candidates for this training:

  • Implementation
  • Administration
  • Configuration and customization
  • Assessing customers' business needs
  • Training
  • Support

Moreover, the candidates with a strong interest in financial modules of MS Dynamics AX can also undergo this training.

Prerequisites

Following is the prerequisite for this training:

  • Financials I in Microsoft Dynamics AX 2012
  • Financials II in Microsoft Dynamics AX 2012
Exams

After being trained in the above skills, to get the official Microsoft Dynamics AX 2012 Financials certification, you can attempt for the exam MB6 – 702. For writing this exam, you must have to learn the other courses also namely, Financials I in Microsoft Dynamics AX 2012 and Financials II in Microsoft Dynamics AX 2012.

Course 80302A: Fixed Assets in Microsoft Dynamics AX 2012

1. Introduction

  • Fixed Assets Overview
  • Structure
  • Integration with Other Modules

2. Setup Procedures

  • System Setup for Fixed Assets
  • Fixed Assets Module Setup
  • Parameters
  • Depreciation Methods
  • Depreciation Conventions
  • Depreciation Books Overview
  • Extended Functionality Features - Provision Types and Bonus Depreciation
  • Mass Update Depreciation Conventions for a Depreciation Book

3. Setup of Assets

  • Fixed Assets Form
  • Set Up Assets
  • Lend Assets
  • Assign Bar Codes to Assets
  • Asset Budgeting
  • Project Module Integration to Fixed Assets

4. Asset Transactions

  • Scenario
  • Typical Fixed Asset Transaction Types
  • Record Acquisitions
  • Create and Acquire Fixed Assets from Purchasing
  • Record Depreciation
  • Record Value Adjustments
  • Record Disposals
  • Transaction Reversals
  • Replacement Cost and Insured Value Update
  • Copy Fixed Assets and Change Fixed Asset Groups
  • Fixed Asset Additions

5. Inquiries and Reports

  • Inquiries
  • Reports

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