Fixed assets

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Fixed assets are items of value, such as buildings, vehicles, land, and equipment, which are owned by an individual or corporation. You can set up and enter acquisition information for fixed asset records, and then manage fixed assets by depreciating them and setting a capitalization threshold to determine depreciation. You can calculate adjustments to the fixed assets, and also dispose of them.

When you use General ledger with Fixed assets, you can view the current value of all fixed assets. The way in which fixed assets are handled must correspond to both international accounting standards and the accounting legislation in each country/region. Requirements might include rules for recording acquisition and disposal transactions, depreciation, lifetimes, and write-ups and write-downs of fixed assets. The Fixed assets functionality incorporates many of these standards and rules.

Business processes

Fixed assets at a glance

Integration of Fixed assets

Fixed assets can be integrated with the following modules and Microsoft products:

• Accounts payable

• Accounts receivable

• Budgeting

• General ledger

• Inventory management

• Microsoft SQL Server Analysis Services

• Microsoft SQL Server Reporting Services

• Microsoft Excel

See also

Setting up and maintaining Fixed assets

Working with Fixed assets

Microsoft Dynamics AX reports