any location you want MOC 80434 Dynamics NAV Training - Dynamics Edge

any location you want MOC Course 80434 Dynamics NAV Training -> Fixed Assets in Microsoft Dynamics NAV 2013

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This one-day instructor-led course provides students with the knowledge and skills to set up all aspects the Fixed Assets granules available for Microsoft Dynamics NAV 2013. This course demonstrates how to set up Fixed Assets, how to perform a wide variety of Fixed Asset transactions, as well as how to handle reclassification, maintenance, and insurance where Fixed Assets are concerned.

Who Should Attend

This course is intended partners wanting to learn how to set up Fixed Assets in Microsoft Dynamics NAV 2013 for their customer. For sales people, consultants, and implementers who need to understand the technical aspects of Microsoft Dynamics NAV2009 Fixed Assets and gain foundational knowledge of the application functionality.

Course Outline

Module 1: Fixed Assets Setup

This module explains how Microsoft Dynamics NAV 2013 Fixed Assets provides a fully integrated Fixed Asset management functionality. It also describes how this functionality helps a company manage it's assets to track information relevant to fixed assets. Additionally,  this module describes how depreciation books define various depreciation rules.


  • Fixed Assets Process Flow
  • Fixed Assets Setup
  • Fixed Assets Posting Groups
  • Depreciation Books
  • Fixed Asset Card
  • Fixed Asset Allocation Keys
  • Main Assets and Asset Components
  • Record Open Transactions
  • Make Duplicate Entries
  • Copy Fixed Assets and FA Ledger Entries

Module 2: Fixed Asset Transactions

This module describes the purpose of journal templates for Fixed Assets, and explains the purchasing procedure for Fixed Assets.  The basic transactions for fixed assets are depreciations, acquisition costs, write-downs, and disposals. All four types of transactions and the processes connected to these transactions are described in this module.


  • Journals for Fixed Assets
  • Purchase Fixed Assets
  • Calculate and Post Depreciation
  • Write-down and Appreciation of Fixed Assets
  • Fixed Asset Disposals
  • Correct an Entry
  • Document Fixed Asset Transactions
  • Fixed Asset Reports
  • Budget Fixed Asset Transactions
  • Cost Accounting Depreciation
  • Indexation
  • Minor Assets

Module 3: Fixed Asset Reclassification

This module focuses on the reclassification journal. How to use this journal is explained through different scenarios of most frequently used real-life situations.


  • Asset Transfers
  • Combining Assets

Module 4: Fixed Assets Maintenance

This module explains how to set up maintenance information for fixed assets and describes the functionality and processes of registering maintenance on fixed assets.


  • Setting Up Maintenance Information
  • Maintenance Registration and Costs
  • Maintenance Cost Reporting

Module 5: Fixed Asset Insurance

This module explains the insurance management in Microsoft Dynamics NAV 2013. This includes the following: setting up insurance information, assigning assets to insurance policies, monitoring insurance coverage, updating insurance information, and indexing fixed asset insurance.


  • Setting Up Insurance Information
  • Attaching Assets to Insurance Policies
  • Monitoring Insurance Coverage
  • Updating Insurance Information
  • Indexing Insurance


Lab: Create a Fixed Asset Card
Lab: Purchase a Fixed Asset Using the Purchase Invoice
Lab: Increase the Cost of the Fixed Asset
Lab: Calculate Depreciation
Lab: Post Write-down
Lab: Dispose of a Fixed Asset with a Sales Invoice
Lab: Cancel and Recalculate Depreciation
Lab: Cancel Entries
Lab: Budget a Fixed Asset
Lab: Manage a Minor Asset
Lab: Splitting a Fixed Asset
Lab: Disposing of a Part of an Asset
Lab: Posting Allocation Transactions
Lab: Posting Maintenance Transactions

What You'll Learn

After completing this course, students will be able to:

  • Set up Fixed Assets
  • Perform a variety of Fixed Asset transactions
  • Reclassify Fixed Assets
  • Handle maintenance of their Fixed Assets
  • Handle insurance on their Fixed Assets

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