Fixed Assets

Do away with your Excel spreadsheets and stop rekeying values. Manage your assets in Business Central with our Quick Start Fixed Assets module.

Quick Start Price:

£1,500

Prerequisites:

The Starter

Quick Start Description

If you’re fed up with managing your fixed assets in an Excel spreadsheet then our Quick Start Fixed Assets module will help by bringing your data into your finance system.

Use Business Central to manage your fixed assets, buy and sell them using the same processes you use in other areas of your business. Your users will have one process to calculate and post the depreciation straight to your general ledger.

Run reports to see planned depreciation and budget for future acquisitions and disposals to allow for better planning. Record maintenance costs and dates through your purchase ledger against your assets and easily see when the next maintenance is due. Record insurance policy coverage to ensure that you have adequate cover for all of your assets.

Our Fixed Assets module includes training on the standard functionality in Business Central Fixed Assets and the import of existing assets as well as opening acquisition and depreciation to date figures.

Pain Points

Does your business suffer from any of these? If so, our Quick Start Fixed Assets module can help you to address these pain points and make your business more efficient and productive.

Managing externally: Using Excel to manage your assets then rekeying into your finance system
Inaccurate Asset Tracking: Difficulty in maintaining up-to-date records of asset locations, statuses, and values.
Complex Depreciation Calculations: Challenges in calculating and applying depreciation consistently across different asset categories.
Inefficient Reporting: Time consuming manual processes to generate financial reports.
Manual Asset Management: Manually tracking acquisitions, disposals, and asset transfers, increasing the likelihood of errors.
Difficulty in Budgeting and Forecasting: Inadequate data on asset lifecycles, making it hard to plan for future capital expenditures.

Functionality

Create and manage single or grouped fixed assets
Acquisition, depreciation, revaluation, impairment and disposal of your assets
Supports 8 different types of depreciation including:
- Straight line
- Reducing balance
- Double declining balance
- User defined
User defined asset classes and sub-classes
Record maintenance dates and costs
Record insurance values and report on coverage details
Transfer, split and combine assets
Manage budgets for fixed assets
Full integration with general ledger, sales ledger and purchase ledger

Solution

Streamline and grow your business with Dynamics 365 Business Central, a comprehensive business management solution for small and medium-sized businesses.

Business Central is part of the Microsoft ecosystem of solutions that work together and scale as your business grows. Get seamless cloud access to real-time data connected to Microsoft 365 (Outlook, Excel, and Teams) and Microsoft Copilot.

Are you ready to build your Quick Start solution?

If you think you know what your business requires then complete our 5 minute Quick Quote Questionnaire. This no obligation estimate will give you an idea of the total cost to implement Business Central.

If you’re still not entirely sure what you require or would like some more information then contact us so we can discuss it further.