Set up fixed asset groups [AX 2012]

Updated: November 11, 2010

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Fixed asset groups simplify the setup of fixed assets. These groups also help classify information for reporting and decision-making about assets.

  1. Click Fixed assets > Setup > Fixed asset groups.

  2. Click New to create a fixed asset group. Enter a unique identifier and name.

  3. Click Value models and create the value models that will apply to all the fixed assets that are assigned to the fixed asset group.

    NoteNote

    You must enter a value in the Fixed asset group field when you create a fixed asset. Default values for other fields for the fixed asset are inherited from the fixed asset group. These include the value model and its posting layers and depreciation profiles. In the Fixed asset group/value model form, you can view the posting layer of the value model that is created for the fixed asset group.

  4. Close the Fixed asset group/value model form.

  5. Click Depreciation books and create the depreciation books that will apply to all fixed assets that are assigned to the fixed asset group.

  6. On the General tab in the Fixed asset groups form, select values in the Number sequence code fields, as necessary.

    • If you set up number sequences for the automatic numbering of fixed assets, select the Autonumber fixed assets check box, and select the number sequence for the fixed asset group in the Number sequence code field.

    • If you set up number sequences for the automatic numbering of bar codes, select the Autonumber bar codes check box, and select the number sequence for bar codes in the Bar code number sequence field.

TipTip

If the system is set up to post acquisition transactions from Accounts payable, you can set up a capitalization threshold so that assets are depreciated by default if they meet a minimum acquisition amount, and if they were acquired from an Accounts payable invoice. For more information, see About assets acquired through procurement.


Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).

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