F310 Financials: Advanced | Fixed Assets 6.1

Home Course Catalog Financials F310 Financials: Advanced | Fixed Assets 6.1

What's new in this course

Course Resource Updates
Please note, instructional materials are updated to Acumatica 6.1.

For instructor-led sessions, Acumatica 5.3 was used. We will update sessions as soon as new online training sessions will be conducted on a base of Acumatica 6.1.

The guide has been updated for Version 6.1 of Acumatica ERP. The main changes are as follows:

  • Step 5.4: The example has been rewritten to show the use of the Remaining Value depreciation method.
  • All explanations have been reviewed and updated.
  • New informational topics (Depreciation Methods and Appendix: Types of Fixed Asset Transactions) have been added.
  • A glossary has been added to the guide

The Financials: Advanced | Fixed Assets course will walk you through configuration and use of the Fixed Assets module for maintaining fixed assets.

Through the step-by-step examples provided in the guide, you will learn how to perform the following tasks in Acumatica ERP:

  • Configuring the Fixed Assets module
  • Configuring depreciation books
  • Creating fixed asset classes
  • Converting purchases to fixed assets
  • Creating fixed assets manually
  • Making additions and deductions to fixed assets
  • Splitting, transferring and disposing of the fixed assets
  • Depreciating fixed assets
  • Reconciling Fixed Assets with General Ledger
  • Closing a financial period in the Fixed Assets module
  • Creating partially depreciated fixed assets
  • Migrating fixed assets from legacy system