Financials III - Fixed Assets 
Overview: This course provides students with the knowledge and skills to use the Fixed Assets functions in Microsoft Dynamics AX 4.0.
Course Duration:  2 Days
Course Format:  Instuctor Led 
Course Prerequisites:  Completed Microsoft Dynamics AX 4.0 Introduction, Microsoft Dynamics AX 4.0 Financials I, Microsoft Dynamics AX 4.0 Financials II, or have equivalent knowledge of Microsoft Dynamics AX processes.
Course Audience:  This course is intended for individuals on the implementation team, administrating or using the Fixed Assets and Financial management modules in Microsoft Dynamics AX 4.0. 
Exam:  MB6-507 
Cost:  TBA 

Course Outline:

Module 1: Introduction to Fixed Assets

This chapter explains the basic Fixed Assets concepts and components. It also describes the integration between Fixed Assets and the General Ledger, Accounts Payable, Accounts Receivable, and Inventory Management modules.

After completing this module, students will be able to:

  • Understand the purpose of Fixed Assets.
  • Understand the required functionality for Fixed Assets.
  • Describe the integration of Fixed Assets with the General Ledger, Accounts Payable, Accounts Receivable, and Inventory Management modules.

Module 2: Setup Procedures

This chapter explains how to perform the necessary setup of the system and the Fixed Assets module. It also describes some country specific setup requirements.

After completing this module, students will be able to:

  • Complete the system setup for Fixed Assets.
  • Complete the basic setup requirements for the Fixed Assets module.
  • Explore depreciation methods.
  • Understand depreciation conventions.
  • Explore country specific setup requirements for Fixed Assets.
  • Use depreciation books.
  • Mass update depreciation conventions for a depreciation book.

Module 3: Setup of Assets

This chapter explains how to set up the company's fixed assets in the application. It also covers lending assets, assigning bar codes to assets, and budgeting with assets.

After completing this module, students will be able to:

  • Use the fields and functionality available in the Fixed Asset table.
  • Distinguish between financial and non-financial information for assets.
  • Set up a fixed asset.
  • Demonstrate the use of inquiries in the Fixed Asset table.
  • Use asset lending.
  • Assign bar codes to assets.
  • Use the features of asset budgeting.

Module 4: Asset Transactions

This chapter explains how to use and record different Fixed Assets transaction types. It covers acquisition, depreciation, value adjustments, and disposal.

After completing this module, students will be able to:

  • Use asset transaction types.
  • Use journals to manually enter fixed asset transactions.
  • Use proposals to enter fixed asset transactions.

Module 5: Inquiries and Reports

This chapter explains how to create and view the inquiries and reports available in the Fixed Assets module.

After completing this module, students will be able to:

  • View data inquiries in Fixed Assets.
  • Create reports in Fixed Assets..