Wednesday, January 21, 2015
Dynamics AX Fixed Assets Additions for 2012 R3
Posted by Abhay Agarwal
Situations often arise in business where fixed assets need maintenance like a car needs an oil change or a lamp needs a new bulb. These additions are not necessarily tracked as individual fixed assets but are tagged to the existing fixed asset (FA) and may or may not increase the life span of the parent FA. Read on for details around Dynamics AX fixed assets additions.
It also becomes necessary to have reporting based on those additions. It’s possible the fixed asset has a disadvantage of being a high maintenance asset which could impact production, operations and general ledger in the future. With Dynamics AX 2012 R3, these impacts can be minimized with the Fixed Asset additions functionality (image 1).
Learn more about Microsoft Dynamics AX to discover more technologies to enhance your business processes.
Abhay Agarwal is a Microsoft Dynamics AX Finance & Projects consultant based in Chicago. Abhay holds a Master’s degree in Finance along with certifications in Trade & Logistics, Projects, and Finance from the Microsoft Academy of Dynamics AX.