Lesson 1: Introduction

• What is a Fixed Asset?
• Fixed Assets Features and Benefits
• Fixed Assets Overview and Roadmap
• Integration

Lesson 2: Setup Procedures

• Fixed Assets Setup Checklist
• Company and Financial Setup Procedures
• Build Fixed Assets Fiscal Calendar File
• Enter Quarter Records and Synchronize to Fiscal Years
• Purchasing Interface Options
• Account Groups
• Post Accounts
• Insurance Class Records
• Class Records
• Book Records
• Book Class Records
• Fixed Assets Setup
• Lease Company Records
• Location Records
• Physical Location Records
• Retirement Setup Records
• Structure Records
• Fixed Assets User Preferences
• Fixed Assets Setup Reports
• Entering Existing Assets

Lesson 3: Daily Procedures

• Fixed Assets Daily Procedures Checklist
• Asset General Information
• Asset Account Information
• Asset Book Information
• Asset Book ITC Information
• Asset Insurance Records
• Asset Lease Information
• Asset User Data
• Payables Management Interface
• Purchase Order Processing Interface
• Purchasing Transactions Integration Issues
• Fixed Assets Inventory Reports

Lesson 4: Maintaining Records

• Select Assets
• Depreciation Projections for a single asset or group of assets
• Changing Asset Information
• Changing Asset Book Information
• Mass Change
• Transferring Assets
• Mass Transfer
• Retiring Assets
• Mass Retirement
• Retire Undo
• File Maintenance
• Deleting Assets
• Reconcile
• Retrieve Information
• Fixed Assets Projection, Transaction and Utility Reports

Lesson 5: Period-End Procedures

• Fixed Assets Period-end Checklist
• Run Depreciation
• General Ledger Posting
• Reconcile Fixed Assets to General Ledger
• Purge Purchase Post Table
• Fixed Assets Year End Checklist
• Year-End Reports and Routine
• Rebuild Fixed Assets Fiscal Year Calendar File
• Purge Inactive Asset Records
• Fixed Assets Period-end & Year-end Reports

Lesson 6: Conclusion

• Using Auto Add Book Info functionality to automatically set up books for the assets you add
• Benefits of using Asset Classes to speed data entry and for sorting purposes on reports and SmartList views
• An unlimited number of books may be created for your company to track different depreciation rules for your assets but only one will integrate with the General Ledger
• Book classes provide default information for the assets you add so set up a Book Class for each combination of the two that you will use
• Locations can be tracked for physical inventory purposes while physical locations are tracked for property tax reporting purposes
• Up to fifteen user-defined fields are available for each asset
• Assets can be entered directly in the Fixed Assets module or via the payables or purchase order interface