- Fixed assets are essential items owned by a company for business operations.
- In D365 FO, setting up fixed assets involves entering details like acquisition cost, useful life, and depreciation method.
- Depreciation in fixed assets is the gradual decrease in value over time, which D365 FO helps track and adjust.
- D365 FO allows efficient management of fixed assets, including calculating adjustments, asset disposal, and monitoring current values.
- Configuring fixed assets in Dynamics 365 Finance involves steps like setting up depreciation profiles, creating books for assets, establishing fixed asset groups, and defining fixed asset posting profiles.
- Depreciation profiles determine how asset value depreciates over time.
- Books track the financial lifecycle of assets and can be configured for different reporting purposes.
- Fixed asset groups and posting profiles are used to group assets and define attributes and posting rules for each asset.
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