Overview

SMART Batch Fixed Asset Accounting is a solution for convenient and efficient accounting of low-value non-current fixed assets (Low-Value FAs) that are purchased in large quantities without the need to track each unit individually. The functionality covers all key processes: procurement, release, movement, and disposal of assets. The system uses a two-level (parent-child) accounting structure, which simplifies the management of large asset batches and ensures accurate control over their allocation, location, and responsible persons. Thanks to the two-level accounting model (parent-child), managing large volumes of assets becomes structured and transparent:

Low value FA (parent) (batch accounting) — groups assets by purchases, preserving common characteristics;
Low-value FA (child) (individual accounting) — contains information about each unit: location, responsible employee, inventory number, etc.

Advantages:

Single environment for all processes: all data about low-value non-current assets is stored and processed directly in Microsoft Dynamics 365 Business Central. This eliminates the need for external integrations or manual data transfer between different systems. Thanks to full automation of all processes — from procurement to inventory and write-off — the solution minimizes the risk of errors and ensures high accounting accuracy.
Structured Low-Value FA accounting with grouping capabilities: the system supports a two-level accounting model: a group card (parent) for the entire batch of assets and individual cards (child) for each unit. This allows flexible management of both groups and individual asset units.
Automated creation of Low-value FA (child) cards: when creating Low-value FA (child) records, the system automatically generates the required number of child cards, inheriting data from the parent card, which significantly simplifies data entry, reduces manual work, and saves time.
Quick release, movement, and write-off: release, movement, or write-off of Low-Value FAs can be performed in bulk within a single document. The system automatically selects the required units using the FIFO method or allows the user to select them manually — all for maximum convenience and efficiency.