Fixed Assets module

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Posted on by Community Member

Hi,

I have a quick question regarding the fixed asset register in Dynamics. I have different types of fixed assets which represent for example equipment, office stuff, cars etc. which these have there own accounts related to them.

Can someone please help me on how I can group these?

Thanks and regards,

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L Vail 65,271 on at

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RE: Fixed Assets module

Hi,

Determining asset classes, in my opinion, is the most important element in properly setting up the Fixed Assets module. To determine the classes, I use an Excel Spreadsheet and list the following elements in columns for each asset. Each GL Account, Life, Method and Insurance ID (if used). An asset class includes assets where EVERY column is the same. I usually name it Class 1, 2, etc. on the spreadsheet. If all of the assets that land in a certain class are the same, you can name it according to the type of asset. If the types are different, you'll want to split the group. The most important thing to me is knowing how many unique combinations exist.

Kind regards,

Leslie
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Ian Grieve 22,782 on at

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RE: Fixed Assets module

Asset Classes can be used to group types of assets.