Introduction

The one-day Microsoft Business Solutions – Navision® 3.70 Fixed Assets course covers all aspects of the Fixed Assets granules that are available for Microsoft Navision. 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.

A thorough understanding of these topics allows you to streamline your Fixed Asset depreciation and reporting processes by learning how to automate these routine activities. This course shows how to accelerate data entry by copying Fixed Assets, and teaches how to define default values that automatically populate data fields and gather the information you need to make better business decisions by exploring powerful inquiry and reporting options.

Audience
The intended audience for this course is partners wishing to learn how to set up Fixed Assets in Microsoft Navision for their customers.

The class is targeted toward sales people, consultants and implementers who need to understand the technical aspects of Microsoft Navision Fixed Assets and gain foundational knowledge of the application functionality.

It is also targeted at anyone who wants to become certified in Microsoft Navision 3.70 Financial Management, as there are questions on the Financial Management test which are related to the Fixed Assets area.

At Course Completion
After completing this course, students should 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

Prerequisites
Before attending this course, students must have:

General knowledge of Windows
Completed the Microsoft Navision Financial Management Training or on-line Tutorials
Basic knowledge of Fixed Assets and accounting principles

Course Outline
Chapter 1: Introduction
The purpose of this chapter is to give students a general overview of how the Fixed Assets course fits into the Microsoft Navision curriculum. Additionally, it provides information on how to install Microsoft Navision and Cronus, the demo company.

Main Topics
Fixed Assets and the curriculum
Installing Microsoft Navision

After completing this chapter, students should be able to:

Understand how the course fits into the curriculum and certification program.
Install Microsoft Navision on their own machine
Chapter 2: Setting up Fixed Assets
This chapter focuses on the setting up Fixed Assets in Microsoft Navision. We examine the basics of the Fixed Assets granules that are available and how to do the basic setup. .

Main Topics
Fixed Assets Overview
Setting up Fixed Assets
Making Duplicate Entries
Copying Fixed Assets and FA Ledger Entries

Lab: Setting Up A New FA Posting Group
Setting up FA Posting Group

Lab: Creating a Depreciation Book
Create a Depreciation Book

Lab: Creating a Fixed Asset
Create a new Fixed Asset

Lab: Add a Component Asset to a Main Asset
Add a component asset to a main asset

Lab: Recording Opening Entries for a Fixed Asset
Record opening entries for a Fixed Asset

Lab: Copying Depreciation Books
Copy a depreciation book

After completing this chapter, students should be able to:

Set up Fixed Assets
Create a Fixed Asset
Duplicate Fixed Assets
Create & Copy Depreciation Books
Chapter 3: Fixed Asset Transactions
This chapter focuses on the Fixed Asset transactions that can be performed in Microsoft Navision. We examine Journals for Fixed Assets, purchasing Fixed Assets, how to calculate and post depreciation, how to write-down, appreciate and dispose of Fixed Assets, how to correct entries, documentation of Fixed Asset transactions, the available Fixed Asset reports, cost-accounting depreciation, indexation and handling of minor assets.

Main Topics
Journals for Fixed Assets
Purchasing Fixed Assets
Calculating and Posting Depreciation
Write-Down, Appreciation and Disposal of Fixed Assets
Correcting Entries
Documenting Fixed Asset Transactions
Fixed Asset Reports
Budgeting Fixed Asset Transactions
Cost-Accounting Depreciation
Indexation
Minor Assets

After completing this chapter, students should be able to:

Use the FA Journals
Purchase a Fixed Asset
Calculate & Post Depreciation
Write-down, appreciate and dispose of Fixed Assets
Correct Entries
Document FA transactions
Use FA Reports
Budget for Fixed Assets
Handle Depreciation
Index
Handle minor assets
Chapter 4: Fixed Asset Reclassifications
This chapter focuses on the reclassification of Fixed Assets in Microsoft Navision. We examine transfer of assets, splitting of assets, partial disposal and combining of assets.

Main Topics
Asset Transfers
Splitting Fixed Assets
Partial Disposal of an Asset
Combining Assets

After completing this chapter, students should be able to:

Transfer assets
Split an asset
Partially dispose of an asset
Combine assets
Chapter 5: Fixed Asset Maintenance
This chapter focuses on handling the maintenance of your Fixed Assets in Microsoft Navision. We examine how you set up maintenance information, register maintenance and associated costs and how to create maintenance cost reports.

Main Topics
Setting Up Maintenance Information
Maintenance Registration and Costs
Maintenance Cost Reporting

After completing this chapter, students should be able to:

Set up Maintenance for an asset
Register maintenance
Register maintenance costs
Produce maintenance reports
Chapter 6: Fixed Asset Insurance
This chapter focuses on handling the insurance on your Fixed Assets in Microsoft Navision. We examine how you set up insurance information, assign assets to insurance policies, monitor your insurance coverage, update insurance information and index FA insurance.

Main Topics
Setting Up Insurance Information
Assigning Assets to Insurance Policies
Monitoring Insurance Coverage
Updating Insurance Information
Indexing Insurances

After completing this chapter, students should be able to:

Set up insurance information
Assign insurance to an asset
Monitor their insurance coverage
Update insurance information
Index insurance
Produce insurance reports for analysis of coverage
Conclusion
After covering the above, we discuss the key points that have been covered throughout this course and leave time for questions.

For more information or to give feedback, send e-mail to info@OneApex.com or call 949-597-2100