ALTUS ALLIANCE 2016Fixed Asset Management

Your Presenter

Rhett Williams CPA, CA.• Master Finance Consultant • Joined Altus 2009

Objectives• Show you that Dynamics NAV Fixed Assets reduces the

effort needed to account for fixed assets to total non-event

• Show that implementing Fixed Assets is quite easy

• Enable you to get rid of the horror of that Excel spreadsheet and make the auditors smile

Overview of Implementation Process• Information gathering

• Set-up

• Master data migration

• Import history acquisition and depreciation

Fixed Asset Setup• FA Setup

• Depreciation Book

• FA Posting Groups

• FA Class, each with Sub-Classes

• FA Locations, each with Sub-Locations

Fixed Asset Card• General Fast Tab

• Lines

• Posting Fast Tab

• Maintenance Fast Tab

FA Master Data Migration• Rapid Start Configuration Packages

• Table 5609 FA Location

• Table 5600 Fixed Assets

• Table 5612 FA Depreciation Book

• Table 352 Default Dimensions

History Data Migration• Switch OFF integration for the Depreciation Book

• Use FA Journal

• Punch or populate using Rapid Start Configuration

• Run Reports and balance to General Ledger

• Integrate Book

Processes After Go-live • Acquisition

• Amortization

• Disposal

• Maintenance

Questions & Answers

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