Fixed Assets in Microsoft Dynamics NAV 2013 - 1 Day (Exam MB7-701)

Code: 80434
Course duration: 1 days
Location Period
Palm Beach County Florida (Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Attend Online 12-08
09:00AM to 05:00PM
enroll
NYC-23rd Street (Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Attend Online 01-05
09:00AM to 05:00PM
enroll
NYC-23rd Street (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 01-05
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Mid-Town New York City (Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Attend Online 02-09
09:00AM to 05:00PM
enroll
NYC-23rd Street (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 02-09
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Attend Online 03-09
09:00AM to 05:00PM
enroll
NYC-23rd Street (Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll

80434Fixed Assets in Microsoft Dynamics NAV 2013 1 Day

About this Course

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.

Audience Profile

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.

At Course Completion

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

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.

Lessons

  • 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
Lab : Create a Fixed Asset Card
  • Create a fixed asset card for the new fixed asset.

After completing this module, students will be able to:
  • Give a visual overview of a typical fixed asset life cycle.
  • Describe the fields on the Fixed Assets setup page.
  • Describe fixed asset posting groups.
  • Explain depreciation books for fixed assets.
  • Explain depreciation tables.
  • Set up fixed assets journal templates.
  • Set up a fixed asset card.
  • Set up main assets with asset components.
  • Explain how to record opening transactions.
  • Explain how to duplicate entries to depreciation books.
  • Explain how to 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.

Lessons

  • 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
Lab : Purchase a Fixed Asset Using the Purchase Invoice
  • Post the Acquisition Cost through Purchase Invoice
Lab : Increase the Cost of the Fixed Asset
  • Post Additional Acquisition Cost
Lab : Calculate Depreciation
  • Calculate and Post Depreciation
Lab : Post Write-down
  • Post a Write-down
Lab : Dispose of a Fixed Asset with a Sales Invoice
  • Dispose of a Whole Fixed Asset
Lab : Cancel and Recalculate Depreciation
  • Cancel and Recalculate Depreciation
Lab : Cancel Entries
  • Cancel an Entry
Lab : Budget a Fixed Asset
  • Budget a Fixed Asset
Lab : Manage a Minor Asset
  • Manage a Minor Asset

  • Set up journals for fixed assets.
  • Post a fixed asset acquisition through a purchase invoice.
  • Increase the cost of a fixed asset by using the FA journal.
  • Explain the manual and automatic depreciation posting methods.
  • Set up write-down and appreciation of fixed assets.
  • Set up disposals of fixed assets.
  • Cancel and recalculate an incorrectly posted depreciation entry.
  • Cancel an incorrect entry that is already posted.
  • Reverse an incorrectly posted transaction.
  • Explain how to document fixed asset transactions.
  • Explain how to view the FA registers.
  • Demonstrate the reports for fixed assets.
  • Set up budgeting for fixed asset transactions.
  • Set up cost accounting depreciations.
  • Set up indexation.
  • Set up and depreciate 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.

Lessons

  • Asset Transfers
  • Combining Assets
Lab : Splitting a Fixed Asset
  • Splitting a Fixed Asset
  • Partial Disposal of an Asset
Lab : Disposing of a Part of an Asset
  • Disposing of a Part of an Asset

After completing this module, students will be able to:
  • Transfer a fixed asset.
  • Split a fixed asset.
  • Dispose of a part of a fixed asset.
  • Combine 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.



Lessons

  • Setting Up Maintenance Information
  • Maintenance Registration and Costs
  • Maintenance Cost Reporting
Lab : Posting Allocation Transactions
  • Posting an Allocation Transaction
Lab : Posting Maintenance Transactions
  • Posting Maintenance Costs

After completing this module, students will be able to:
  • Set up maintenance information.
  • Register maintenance costs.
  • Review fixed asset maintenance by using the maintenance cost reports.
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.
Lessons
  • Setting Up Insurance Information
  • Attaching Assets to Insurance Policies
  • Monitoring Insurance Coverage
  • Updating Insurance Information
  • Indexing Insurance
After completing this module, students will be able to:
  • Set up insurance information.
  • Assign an asset to an insurance policy.
  • Monitor insurance coverage.
  • Update, correct, and delete insurance information.
  • Set up insurance indexing.

Guaranteed to Run

2018-03-07 09:00 to 2018-03-09 17:00
Fort Lauderdale, Florida (Virtual Instructor-Led)
2017-12-11 09:00 to 2017-12-15 17:00
Attend Online
2017-12-04 09:00 to 2017-12-08 17:00
Attend Online
2017-12-04 09:00 to 2017-12-08 17:00
Attend Online
2017-11-27 09:00 to 2017-12-01 17:00
Attend Online

Course Reviews

No reviews found for this course.

Be the first to write a review