Fixed Assets

This ten-article series provides a comprehensive guide to fixed asset management in Microsoft Dynamics 365 Business Central, spanning from accounting theory to hands-on practice. It details master data setup (posting groups, depreciation books, excise taxes) and the execution of operational workflows (acquisitions, derogatory depreciation, maintenance, disposals, and reconciliation), covering the entire asset lifecycle.

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Fundamental concepts, qualification criteria and classification of fixed assets

This article details the fundamentals of fixed asset accounting. From the key distinction with current expenses to the €500 (excluding VAT) threshold, discover how to classify your intangible, tangible, and financial assets. The article also addresses the specific accounting treatment of work-in-progress and lays the groundwork for rigorous asset management.

Fixed Assets Article 1 of 1