Rhett Williams presents on implementing fixed asset management in Dynamics NAV. The presentation covers gathering information, setting up fixed asset classes and locations in the system, migrating existing master data and history, and processes for acquisition, amortization, disposal and maintenance after go-live. Williams aims to demonstrate that NAV reduces effort for fixed asset accounting and enables migrating from Excel spreadsheets.

1. ALTUS ALLIANCE 2016
Fixed Asset
Management

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

3. 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

4. Overview of Implementation
Process
• Information gathering
• Set-up
• Master data migration
• Import history acquisition and depreciation

5. Fixed Asset Setup
• FA Setup
• Depreciation Book
• FA Posting Groups
• FA Class, each with Sub-Classes
• FA Locations, each with Sub-Locations

6. Fixed Asset Card
• General Fast Tab
• Lines
• Posting Fast Tab
• Maintenance Fast Tab

7. 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

8. 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

9. Processes After Go-live
• Acquisition
• Amortization
• Disposal
• Maintenance

10. Questions & Answers

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14. Thanks for coming!
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