Fixed Assets Deep DiveA204

Presented by:Gary GodfreySolution Expert

November 10, 2015

Summary:Fixed Assets Management

Who Should Attend:

Accounting Personnel

Logistics:

We will get into details quickly

SUMMARY

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1. Overview

2. Process Flow

3. Setup and Process

4. Demo

5. Q&A

AGENDA

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Overview

Overview

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Overview

Overview• The Fixed Asset function provides

control of the complete asset life cycle, from acquisition, depreciation, revaluation, and retirement.

• You can manage your fixed assets from an accounting and tax perspective in a more efficient manner.

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Process Flow

Process Flow

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Process Flow

Process Flow• Enable

Activate Fixed Assets

• SetupG/L DeterminationsDepreciation TypesDepreciation AreasAsset Classes

• AcquireCreate Fixed Asset ItemCapitalize Item

• DepreciateExecute Depreciation Runs

• RetireRetire the Asset

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Setup

Setup

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Setup

Enable Fixed Assets

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Setup

Fixed Assets Menu ActivatedFixed Assets Menu• Account Determination• Depreciation Types• Depreciation Areas• Asset Classes• Attribute Groups

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Setup

Account Determination

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Setup

Depreciation AreasType• Posting to G/L• Additional Area• Derived Area

Posting Depreciation• Direct Posting• Indirect Posting

Posting of Retirement• Gross• Net

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Setup

Depreciation AreasType• Additional Area

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Setup

Depreciation Types

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Setup

Depreciation Types

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Setup

Depreciation Types

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Setup

Depreciation Types

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Setup

Asset Classes

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Setup

Attribute Groups

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Process

Process

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Process

Create Asset Master Data

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Process

Purchase the Asset

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Process

Relationship Map

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Process

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Process

Depreciation Run

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Process

Depreciation Run

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Process

Depreciation Run

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Process

Retire Asset

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Process

Retire Asset

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Process

Relationship Map

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Demo

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Notes

Parting Notes

• Plan Ahead

• Practice in Test Database

• Practice in Test Database

• Migrate to Live

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Q&A

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http://

forums.orchestratedbeer.com

Thank You!