With Fixed Assets in Microsoft Dynamics–Navision ® Financial Management, you save time and can focus your efforts on your business.
Gain an immediate overview of your fixed assets.
Improve the management of fixed asset maintenance.
Improve the overall handling of your fixed asset’s insurance policies.
Complex Problems – Simple Solutions
Has managing your fixed assets become more trouble than they’re worth? With the fixed assets feature in Microsoft Business Solution Financial Management–Navision, you no longer have to spend great amounts of time, money, and effort organizing, managing, and accounting for your company’s fixed assets. You save time and can focus your efforts on your business.
Do You Know What You’re Worth?
With Fixed Assets, you always know the current status on all your fixed assets. That’s because Fixed Assets gives you a real-time, accurate overview of all your fixed assets. You always know your book value and your accumulated depreciation. What’s more, integration to Microsoft Dynamics-Navision means that you can easily reconcile your fixed assets to your general ledger.
Information When You Need It
You can also integrate your fixed assets with other application areas, such as General Ledger and Purchases and Payables. This reduces the risk of human error because you don’t have to enter data in several different application areas.
You can track your fixed assets, based on a number of criteria, specified by you. For example, you can track an asset by location. This makes it easier for your auditor to verify your fixed assets.
Save Time, Money, and Effort
Managing and maintaining your fixed assets doesn’t have to cost you more time, money, and effort than necessary. With Fixed Assets, when you purchase, depreciate, or sell a fixed asset, the relevant application areas in your Microsoft Navision solution are updated in just one posting.
It’s also easy to make different reports for different purposes. You can post fixed asset transactions and generate various reports and statistics. You save time, money, and effort.
Customized to Your Needs
Most fixed assets depreciate in value from the day you purchase them. But it is often difficult to know by how much. Fixed Assets gives you an overview of the accumulated depreciation on your fixed assets.
That’s because the fixed assets functionality in Microsoft Dynamics-Navision gives you several standard depreciation methods, which are user-defined. For example, some organizations prefer to depreciate annually, whereas others prefer to depreciate on a monthly basis. You choose the method and the frequency according to your needs. The decision is yours.
What’s more, you can avoid the cost of employing an auditor to help you extract the relevant information for your annual depreciation. Fixed Assets easily and automatically carries out your depreciation for you, ensuring that your periodic depreciation is always accurate.
The More You Know, the Better
With Fixed Assets, you also know how the cost of maintenance affects the value of your fixed assets. You can monitor each asset and access the information necessary for analysis and decision making related to the renewal of fixed assets.
For example, you know whether a fixed asset is costing you more than it’s worth to maintain. And you know what maintenance costs to budget for each fixed asset. You can also integrate all maintenance expenses with the General Ledger in Microsoft Navision.Use Fixed Assets to determine insurance policies for each fixed asset. You can also monitor insurance coverage and annual insurance premiums for your fixed assets. And you can link each fixed asset to any number of insurance policies. As a result, you always have an overview of whether your assets are over-insured or under-insured.