FA Journal Templates on Microsoft Dynamics Nav Business Central

Dear Friends,

Today we will create a FA journal template.

Step 1:

Go on the following menu:

Main Menu --> Department --> Financial Management --> Fixed Asset --> FA Journal Templates.

Step 2:

Click button New and fill information.

Name	Enter a name of the journal
Description	Enter a description of the journal
No. Series	Enter No series for document no
Posting No Series.	If you want document no different for posting
Recurring	If the journal is recurring
Source Code	Enter the Fixed Asset journal source code
Reason Code	Not applicable

Click on OK to close

FA Location on Microsoft Dynamics Nav Business Central

Dear Friends,

Today we will learn how to create a fixed asset location.

Step 1:

Go on the following menu:

Main Menu --> Department --> Financial Management --> Fixed Asset --> FA Location:

Step 2:

Click on the button New and fill the following information.

Code	Enter a code for the fixed asset location
Name	Enter a name for the fixed asset location

Click on OK to close

FA Subclasses on Microsoft Dynamics Nav Business Central

Dear Friends,

Today's tutorial will show how to create a FA sub class.

Step 1:

Go on the following menu:

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

Step 2:

Click on the button New and fill the following information.

Code	Enter a code for the fixed asset sub class
Name	Enter a name for the fixed asset sub class
FA Class Code	Enter the FA class code
Default FA Posting Group	Enter the FA posting group

Click on OK to close

FA Classes on Microsoft Dynamics Nav Business Central

Dear Friends,

We will create a FA class on Microsoft Dynamics Nav Business Central.

Step 1:

Go on the following menu:

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

Step 2:

Click on the button New and fill the following information.

Code	Give a code to the fixed asset class
Name	Enter the name of the fixed asset class

Click on OK to close

Fixed Asset Setup on Microsoft Dynamics Nav Business Central

Hello Friends,

In this tutorial, we will learn how to do fixed asset setup.

Step 1:

Go on the following menu:

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

Step 2:

Fill all the information required.

General
Default Depr. Book	Enter the depreciation book
Allow Posting to Main Asset	If you want to post to main asset then check this option.
Allow FA Posting From	Date range to post FA transaction
Allow FA Posting To	Date range to post FA transaction
Insurance Depr. Book	If you want to setup insurance then enter the depreciation book
Automatic Insurance Posting	If insurance is setup and you want to do automatic posting
Numbering
Fixed Asset No	Enter the number series for fixed asset number
Insurance No	Enter number series for insurance number

Click on OK to close

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.

Detailed Customer Ledger Entries and Customer Ledger Entries on Microsoft Dynamics Nav Business Central

Dear Friend,

Ledger Entries play an important role in a transaction. Detailed customer ledger entries and customer ledger entries show you all the transactions that have been done on a customer.  The transaction can be a payment received, invoices or a journal entry.

To go on customer ledger entries go on the following menu:

Main Menu --> Department --> Financial Management --> Receivables --> Customer ledger entries.

To go on detail customer ledger entries, go on the following menu:

Main Menu --> Department --> Financial Management --> Receivables --> Detailed customer ledger entries.