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The fixed assets functionality in Business Central provides an overview of your fixed assets and helps ensure that their depreciation is correct. It also helps you track maintenance costs, manage insurance policies, post fixed asset transactions, and generate various reports and statistics.
In addition to recording the added cost in your inventory value, you can use item charges for the following tasks: Identify the landed cost of an item for making more accurate decisions on how to optimize the distribution network. Break down the unit cost or unit price of an item for analysis purposes.
How can I assign the item charge to a fixed asset? On one post I find that a GL account line should be created in PO and the transfer this amount to Fixed asset by using FA G/L Journal. But I will appreciate if steps to do this can be more elobrated. If this is the only solution. Any Idea? or to comment.
In this series of Fixed Assets aka FA, I will be teaching you through a life cycle of the Fixed Assets. How to create and acquire these fixed assets, how to depreciate the FA, and how to post transactions on Fixed Assets in Microsoft Dynamics Business Central.
In Business Central, you can set up posting group on chart items or item charges, to define which accounts to post to when you use item charges on, basically purchase orders but also on sales orders.
Microsoft Dynamics 365 Business Central offers a comprehensive suite of tools for managing fixed assets, ensuring you can monitor their value, manage depreciation, control maintenance costs, and ensure proper insurance coverage.
In today's we will highlight how to create and manage fixed assets in Dynamics 365 Business Central. We will define fixed assets and their important role in businesses, in addition to...
Fixed assets usually have a high value, and their acquisition and depreciation are managed in Business Central within a dedicated module, the Fixed Assets Module. In this article, we will show how to define a fixed asset and how to purchase it.
Let’s take a quick look at using Fixed Assets in Dynamics 365 Business Central. These are the items that we’re going to take a look at. Today I’m going to show you how to add assets and then acquire those assets within Business Central.
Creating and setting up a new item charge can be done in a few easy steps: On the Item Charges page, choose the New action to create a new line. Populate the following fields to ensure your item charges are set up correctly: 1. No. – this is the number or name assigned to the item charge. 2. Description – this is the short and easily ...