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Microsoft Dynamics AX ERP’s Fixed Assets module helps organizations to acknowledge appropriate valuation of your fixed assets (land, buildings, vehicles, and equipment). The Fixed Assets module in Dynamics AX easily integrates with the Accounts receivable, Accounts Payable, Inventory, and corresponding General Ledger entries to offer you with transparency of your net holdings. for you to utilize different methods and conventions to track the true value of your assets. The Fixed assets in Dynamics AX are handled with respect to the international accounting policies, standards and accounting legislation of the regional territories across the world. You'll be empowered with Dynamics AX that offers you with number of ways to rotate and record your acquisitions in vendor invoices, vendor invoice journal, general journal, or in the fixed asset journal. Similarly, Depreciation proposals, value adjustments, and asset revaluations are done with great ease.
Your Fixed asset items holding commercial value goes through four crucial Stages - Acquire, Depreciate, Adjust, and Disposition of the Fixed asset. Using Microsoft Dynamics AX, you can engage yourself to Acquire, Depreciate, Adjust, or Dispose your Fixed assets at any point of time for financial liquidity.
The presence of the Fixed Assets module in Microsoft Dynamics AX will help you obtain information about the current value of your accumulated assets in the sub-ledger. Dynamics AX set up standard specifications for creating strong relationship between one or more sub-ledgers and General ledger for the benefit of yours.
Microsoft Dynamics AX is embedded with customized Role Centers for executing multitude of financial functions across your organizations. These Role Centers are the home pages that gives you an in-depth insight of the tasks to be accomplished in the future.
Contact Raybiztech to seek assistance in setting up Fixed Asset Functionality in Microsoft Dynamics AX
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