SMART Batch Fixed Asset Accounting

SMART Batch Fixed Asset Accounting manages low-value fixed assets bought in large quantities in Microsoft Dynamics 365 Business Central. A Low value FA (parent) card holds the purchase batch, and the app creates a Low-value FA (child) card for each unit with its own location, responsible employee and inventory number, so that the purchase, release, movement, upgrade and write-off of many units are posted in one document.

At a glance

• Publisher: SMART business
• AppSource listing: SMART Batch Fixed Asset Accounting
• Deployment: Business Central online, Business Central on-premises
• Interface languages: English, Ukrainian
• Requires: SMART Core
• Licensing: Licensing Policy

Capabilities

• A purchase of many identical low-value assets, such as chairs or laptops, is recorded on one parent card with a quantity, and a later purchase can add to that quantity.
• The required number of child cards is created from the parent card in one step, with its common data and its cost spread at average cost, also for several parent cards at once.
• Each parent card is shown with its child cards as a tree, with the quantity and book value available, in stock and in operation.
• Release, movement, write-off, upgrade and inventory acts are made for a quantity of a parent card: the child cards are picked by FIFO, and the selection can be reviewed and changed.
• A movement can also move the part of the parent quantity that has no child cards yet.
• Charges and items can be assigned to a parent card; a charge increases its value without changing the quantity.
• The quantity that has no child cards yet can be returned to the vendor in part or in full.
• Depreciation of the child cards starts on the release date, when the release act is posted.
• The fixed asset turnover sheet groups child cards under their parent card, and acts are printed as one form for the whole quantity.

Get started

1. Work Interface — how parent and child cards work and what the Low-value FA (multiquantity) page shows.
2. Low-Value FA Card — create the parent card, then the child cards with their cost.
3. Operations with Low-Value FAs — purchase, release, move, upgrade, write off and count low-value fixed assets.
4. Reports and Printed Forms — see the assets in the FA turnover sheet and print acts for the whole quantity.