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Fixed Assets in Business Central

Categories: Business Central
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About Course

Learn to set up and run fixed assets in Microsoft Dynamics 365 Business Central, step by step.

The course follows the order a company uses fixed assets: first the setup (depreciation books, posting groups and journals), then the master data (asset cards, main assets and insurance), then the transactions (buying, depreciating, writing down, revaluing, moving and selling assets). It ends with reports, budgets and a month-end check.

Every lesson links to the free Microsoft Learn module and documentation, with a hands-on exercise in your own practice company and two questions to check yourself. The lessons marked MB-800 cover the fixed asset skills in the Microsoft Business Central Functional Consultant exam.

Free. Brought to you by Priority One, Business Central partner in New Zealand and Australia.

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What Will You Learn?

  • Set up depreciation books, methods, FA posting groups and journals
  • Create fixed asset cards, main assets, components and insurance policies
  • Load opening balances when you move to Business Central
  • Buy, depreciate, write down, revalue, transfer and sell fixed assets
  • Fix posting mistakes and check fixed assets against the general ledger
  • Prepare for the fixed asset skills in the MB-800 exam

Course Content

Start here
Get a practice company, see how fixed assets work end to end, and learn the key words.

  • Welcome and your practice company
  • The fixed asset life cycle
  • Key words and ideas

Setup
Set the rules once, before go-live: depreciation books, methods, posting groups, journals, classes, insurance and maintenance.

Master data
Create the asset records: asset cards, main assets, insurance policies and opening balances.

Transactions
Post what happens to an asset: buy, depreciate, write down, revalue, move, maintain, sell and correct.

Reports, planning and checks
Report on assets, plan future purchases, check fixed assets against the G/L and finish the final project.