80302A: Fixed Assets in Microsoft Dynamics AX 2012 Course Description
The two-day course, Fixed Assets in Microsoft Dynamics AX 2012 examines and teaches students how to use the Fixed asset functionality in the application. The course focuses on the various setup requirements for Fixed Assets, transactions, and reports and inquiries
Intended Audience for the 80302A: Fixed Assets in Microsoft Dynamics AX 2012 Course- This course is intended for individuals on the implementation team, administrating or using the Fixed Assets and Financial management modules in Microsoft Dynamics AX 2012. This audience typically includes individuals who are tasked with assessing a customer's business needs and advising them on the use, configuration and customization of the application. Additionally, individuals responsible for training or supporting Microsoft Dynamics AX 2012 benefit from this course.
Training Packages & Career Tracks that include the 80302A: Fixed Assets in Microsoft Dynamics AX 2012 Course
80302A: Fixed Assets in Microsoft Dynamics AX 2012 Course Objectives
- Define fixed assets and describe the integration of the Fixed assets module with General ledger, Accounts payable, Accounts receivable, Project accounting, and Inventory management modules.
- Set up the Fixed assets module.
- Set up assets.
- Compare different fixed asset Transaction Types and methods for recording transactions.
- Run inquiries and reports
80302A: Fixed Assets in Microsoft Dynamics AX 2012 Course Outline
- Module 1: Introduction
- This module provides an overview of fixed assets and its integration with other modules.
- Lessons
- Fixed Assets Overview
- Structure
- Integration with Other Modules
- After completing this module, students will be able to:
- Define fixed assets.
- Examine required functionality for fixed assets.
- Describe the integration of the Fixed assets module with General ledger, Accounts payable, Accounts receivable, Project accounting, and Inventory management modules.
- Module 2: Setup Procedures
- This module focuses on the setup procedures that are required for the Fixed assets module.
- Lessons
- System Setup for Fixed Assets
- Fixed Assets Module Setup
- Parameters
- Depreciation Methods
- Depreciation Conventions
- Depreciation Books Overview
- Extended Functionality Features - Provision Types and Bonus Depreciation
- Mass Update Depreciation Conventions for a Depreciation Book
- Lab: Set Up Main Accounts
- Lab: Set Up a Number Sequence
- Lab: Set Up a Depreciation Profile
- Lab: Set Up Value Models
- Lab: Set Up a Fixed Asset Group
- Lab: Set Up a Posting Profile
- After completing this module, students will be able to:
- Review system setup for Fixed assets.
- Review the basic setup requirements for the Fixed assets module.
- Discuss the Value models, Asset Groups, Disposal and Posting profile components of Fixed assets setup.
- Discuss the setup of Fixed assets parameters.
- Explain how to sue the Capitalization threshold.
- Describe, create, and change Reason codes in Fixed assets.
- Review depreciation methods and conventions.
- Provide an overview for Depreciation books.
- Describe extended functionality setup requirements for Fixed assets.
- Review Mass update depreciation conventions for a depreciation book.
- Module 3: Setup of Assets
- This module focuses on the setup of assets.
- Lessons
- Fixed Assets Form
- Set Up Assets
- Lend Assets
- Assign Bar Codes to Assets
- Asset Budgeting
- Project Module Integration to Fixed Assets
- Lab: Set Up a Fixed Asset
- After completing this module, students will be able to:
- Describe the fields available in the Fixed assets form.
- Differentiate between financial and non-financial information for assets.
- Set up a fixed asset.
- Show how to lend assets.
- Assign bar codes to assets.
- Complete asset budgeting.
- Associate and manage fixed assets within the Projects form.
- Review the fixed asset details associated with a project or subproject
- Module 4: Asset Transactions
- This module focuses on the different fixed asset Transaction Types, and detailed methods for recording those transactions.
- Lessons
- Scenario
- Typical Fixed Asset Transaction Types
- Record Acquisitions
- Create and Acquire Fixed Assets from Purchasing
- Record Depreciation
- Record Value Adjustments
- Record Disposals
- Transaction Reversals
- Replacement Cost and Insured Value Update
- Copy Fixed Assets and Change Fixed Asset Groups
- Fixed Asset Additions
- Lab: Acquiring an Asset Using the Fixed Assets Journal
- Lab: Acquiring an Asset Using the Inventory to Fixed Assets Journal
- Lab: Depreciating an Asset Using a Proposal
- Lab: Dispose of an Asset Using the Fixed Assets Journal
- After completing this module, students will be able to:
- Use asset Transaction Types.
- Use journals to manually enter fixed asset transactions.
- Control fixed asset acquisition transaction creation from purchasing.
- Restrict user group permissions for posting fixed asset acquisition transactions in purchasing.
- Create a fixed asset record directly from purchasing, during posting of a product receipt or vendor invoice.
- Describe when the Fixed asset receipt and Fixed asset issue account types will be used.
- Record depreciation.
- Use proposals to enter fixed asset transactions.
- Discuss value adjustments for fixed assets.
- Discuss fixed asset disposals.
- Describe where fixed asset transaction reversals are performed.
- Perform fixed asset transaction reversals.
- Describe how the replacement cost factor and the insured value factor on the asset group, are used to update an asset's replacement cost and insured value amounts.
- Process updates to an asset's replacement cost and insured value amounts.
- Copy a fixed asset.
- Change a fixed asset group.
- Enter a fixed asset addition.
- Module 5: Inquiries and Reports
- This module focuses on how to run inquiries and reports in Microsoft Dynamics AX 2012.
- Lessons
- Inquiries
- Reports
- After completing this module, students will be able to:
- Demonstrate the use of data inquiries available in Fixed assets.
- Demonstrate how to run reports.
Benefits of taking the 80302A: Fixed Assets in Microsoft Dynamics AX 2012 course at NetCom
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Why choose Microsoft Dynamics Training at NetCom Learning?
As a recognition for training excellence, NetCom Learning was chosen by Microsoft as the 2007 Worldwide Learning Solutions Partner of the year out of 1400 training companies. In addition, we have won numerous other training awards for quality and customer satisfaction by CompTIA, EC-Council and other vendors. We are simply passionate about learning and achieving the highest customer satisfaction in your learning experience!
See the training value proposition below:
NetCom Information Technology is a Microsoft Gold Certified Partner for Learning Solutions (CPLS). CPLS is the premier training channel and delivery mechanism for Microsoft Dynamics training content. On July 11, NetCom was honored by Microsoft as its Learning Solutions Partner of the Year. Selected as the Number One CPLS, from over 1400 worldwide CPLS's, Microsoft recognized our commitment and ability to deliver high-quality learning services using a consultative engagement model. We could not have achieved this coveted status without the help and support of our customers and well wishers - thank you!!
Microsoft Certified Partner for Learning Solutions Value Proposition:
| Microsoft Certified Partner for Learning Solutions | Non-authorized Training Center |
| Only MCT (Microsoft Certified Trainers) are authorized to teach the class | Non MCT can teach the course |
| Taught using Microsoft Authorized Courseware (MOC), includes free evaluation software and online training | Do not have access to official courseware |
| Partners adhere to stringent Microsoft designated lab requirements | Computer and lab equipment may not be up to requirements of course |
| Successful candidates are awarded Certificate of Completion directly from Microsoft for most of the courses | Not authorized to issue Certificate of Completion |
| Overall, a better quality training experience | Substandard training experience |
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NetCom provides Authorized Training
NetCom Learning is a Microsoft Gold Certified Partner for Learning Solutions (CPLS), Cisco Learning Partner, CompTIA Platinum Partner, EC-Council Accredited Training Center, Adobe Authorized Training Center, Autodesk Authorized Training Center and many others. We are proud to offer the highest quality, authorized training solutions from our many partners for our customers.
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Award winning, world-class Instructors
- Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. - Over 9 years of experience as a Master Certified Trainer. Expert in MS Dynamics GP Financials, Installation, HR/Payroll, Project Accounting, Inventory and Integration Manager. - Project Manager to various MS Dynamics Great Plains implementations.
Bio:
Ginger holds a Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. Her career started as an Auditor for Deloitte & Touché and over the years she developed her passion for Microsoft Dynamics, implementing Dynamics GP and Project Cost in the Professional Services, Commercial Real Estate and Medical Facilities vertical markets.
Ginger's experience with Microsoft Dynamics is unparalleled. As a Certified Master Dynamics trainer, she stays abreast of the latest Dynamics modules and shares experience with a very hands-on training technique at NetCom Learning.
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- Designs and architects Microsoft IT solutions since the early 1990s. - Hands-on experience in multiple Microsoft Dynamics products including CRM, GP, SL, AX and NAV since 2004. - Taught over 250 courses at NetCom Learning.
Bio:
Ignacio is a Senior Solutions Architect, Civil Engineer and Certified Expert Trainer. He has been designing and architecting Microsoft IT solutions since the early 1990s, and has extensive experience developing scalable and high performance integration solutions. In 2004, Ignacio expanded into business management and accounting software as well, where he gained hands-on experience in many Microsoft Dynamics products including CRM, GP, SL, AX and NAV.
Ignacio holds a library of industry-wide certifications from Microsoft and other leading IT vendors. He has taught over 250 courses at NetCom Learning and is revered by students for his wide-ranging IT expertise.
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- Over 25 years of experience working as Senior Financial Analyst and Senior Auditor. - Professor of Graduate Management and Business School at the University of Phoenix since 2007. - Microsoft Certifications in Financials, Trade & Logistics, Production and Human Resources Management as well as Microsoft Certified Trainer (MCT) since 2009.
Bio:
Lynn is a very accomplished Senior Financial Analyst and Senior Auditor with over 25 years of experience. She has been a Microsoft Certified Trainer since 2009 and a Professor of Graduate Management and Business School at University of Phoenix since 2007. In addition to several other Microsoft certifications, she is also a specialist in Microsoft Dynamics AX.
Lynn has taught several Microsoft Dynamics AX courses at NetCom Learning and is described by her students as very knowledgeable, qualified, and patient with her approach. Her classes are very dynamic and energetic, just as the course per se.
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Ramesh holds a Masters Degree in Computer Science with specialization in Information Security and is pursuing his Doctoral degree in IT from the University of South Australia (UniSA). He is a one of a kind trainer - he has been working in the IT field since 1995 and is an expert in C#, VB.NET, ASP.NET, Java/J2EE, PL/SQL, VB, ASP, and XML technologies. Ramesh also has extensive experience developing and implementing BizTalk and SharePoint in large corporations, as well as more than 10 years experience working with Oracle and SQL server/Sybase databases.
With more than 19 certifications, Ramesh is an IT guru and trainer with worldwide experience, which includes presentations and trainings across US, Asia, and Middle East. He is a full time instructor at NetCom Learning and we couldn't be happier in having him as one of our Subject Matter Experts.
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Actual Client Testimonials
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May 21 2012 |
The lecturer is quite personable and is quite helpful with making sure we understand the material we have covered. He is also quite knowledge in the subject area.
This training has cleaned up a lot of areas that I have been having issues with in my work environment and I will surely be able to put a lot of it in to practice.
-Candice C.
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May 21 2012 |
Good course. Good service. Good instructor.
-Raman T.
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May 21 2012 |
The instructor did an incredible job of presenting.
-Kelly D.
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May 21 2012 |
The class provided the background I will need to build upon upcoming responsibilities. Satisfactory on all counts.
-John B.
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May 21 2012 |
Stan is an excellent instructor. He made the course very informative and kept it interesting.
Sebastian S.
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May 21 2012 |
Classes were awesome! Our teacher, Mr. Smith, was entertaining and kept us motivated.
-Lily L.
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May 07 2012 |
It was a good experience. It will help me in my new position loading the CRM practices.
-Adolfo R.
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Mar 12 2012 |
Ramesh our instructor was amazing. He has been the second amazing instructor through you guys!!! Nice, Knowledgeable and fun.
-Kyle P.
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Awards won by NetCom
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