FA Ledger Entries on Microsoft Dynamics Nav Business Central

Dear Friends,

Today we will learn how to access the FA Ledger Entries.

Step 1:

Go on the following menu:

Main Menu --> Department --> Financial Management --> Fixed Asset --> FA Ledger Entries.

Step 2:

There you can find all the transactions done on specific fixed assets.

Step 3:

If you wish to reverse a transaction click on the button Reverse Transaction.

Click on OK to close

Depreciation Calculation for all Fixed Asset on Microsoft Dynamics Nav Business Central

Dear Friends,

Today we will learn how to execute depreciation on all fixed assets.

Step 1:

Go on the following menu:

Main Menu --> Department --> Financial Management --> Fixed Asset --> Calculate Depreciation.

Step 2:

Enter the following information:

Depreciation Book	Enter the depreciation book
FA Posting Date	Enter the FA posting Date
Use Force No. of days	Not Applicable
Force No. Days	Not Applicable
Posting Date	Enter Posting Date
Document No	Enter a document number
Posting Description	Enter a posting description
Insert Bal. Account	Allow tick this field

Click on OK.

Step 3:

Click on Yes to open FA G/L Journal.

Step 4:

You will see that the system has calculated the depreciation amount automatically.

Click on the button POST to validate the data.

Click on OK to close

FA G/L Journal on Microsoft Dynamic Nav Business Central

Hello friends,

Today's tutorial is about doing FA G/L Journal.

Step 1:

To proceed to the journal go on the following menu.

Main Menu --> Department --> Financial Management --> Fixed Asset --> FA G/L Journal.

Choose the batch you wish to use.  Here we have defined each batch as a process like Depreciation, Acquisition, Disposal and Write Down.

Step 2:

Fill all the necessary information.

Line No	Line No will be generated automatically
Posting Date	Enter the posting date
Document No	If no series is setup, the document no will generate automatically
External Document No	Enter any important number
Account Type	Choose Fixed Asset
Account No	Search the fixed asset
Depreciation Book Code	Enter the depreciation book code
Description	The name of the fixed asset will appear automatically
Amount	Enter the amount
FA Posting Type	Enter the type of transaction you are doing with the fixed asset

Step 3: 

Click on the button Insert FA Bal. Account.

This will insert a line which will show where the amount of the fixed will go.

Step 4:

Click on the button Post.

Click OK to close

Fixed Asset Creation on Microsoft Dynamics Nav Business Central

Dear Friends,

Fixed asset is a piece of property or an equipment owned by a company to produce goods or services to bring revenue to the company.  It is to be noted that an asset can be tangible or intangible.

Step 1:

To create a fixed asset go on the following menu:

Main Menu --> Department --> Financial Management --> Fixed Asset --> Fixed Asset.

Step 2:

Click on the button New and fill the information.

General
No.	If no of series has been setup, the fixed asset number will be generated automatically
Description	Enter the description of the asset
FA Class Code	Enter the class code of the asset
FA Sub class Code	Enter the sub class code of the asset
FA Location Code	Enter the FA location Code
Serial No	Enter the serial number of the asset
Search Description	It will be set as the description automatically
Responsible Employee	Enter the employee responsible for the asset
Blocked	If no transaction need to be done on the asset, you can block it
Depreciation Book
Depreciation Book Code	Enter the depreciation book code
Posting Group	Enter the Fixed Asset Fixed Asset Posting Group
Depreciation Method	Enter the depreciation method
Depreciation starting date	Enter the depreciation start date
No of Depreciation years	Enter the number of depreciation years
Straight Line %	If depreciation method is straight line enter the percentage
Depreciation Ending Date	The depreciation ending date will be calculated automatically based on the depreciation year
Maintenance
Vendor No.	Enter the vendor number for maintaining the fixed asset.

Click on OK to close.