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Asset Management in Business Central

Asset Management module transcends simple asset tracking. It provides a centralized platform for recording, monitoring, and managing the entire lifecycle of your fixed assets, from acquisition to disposal. SABS Business Central for Asset Management digitizes the asset management process and enables users to manage the entire creative workflow from a single location.

Features of Asset Management in Business Central

Asset Assignment

Assign assets to multiple role hierarchies such as Asset Accountant, Plant Accountant, Site Owner, Site Manager, etc.

Role-Based Data Visualization

Accountants and Managers can get data visualization for the Fixed Assets they are responsible for.

Role-Based Security

Role-based security for accountants and managers. Accountant and Managers can See their own assets.

Business Process Automation

Automated workflow for communication and notification among Responsible Employee, Site Manager, Plan Manager, Plant Accountant, and Asset Accountant. This hierarchy can be customized based on requirements.

Complete Data Migration

Data import from your existing system keeping all relationships among Fixed Asset, FA Location, Dimension Value, Default Dimension, FA Subclass, Depreciation Book, and FA Depreciation Book.

Save Licensing Cost

Currently, Business Central Essential costs 96.10 users/month for commercial and $42.24 for nonprofit. To reduce licensing costs, we built a Power App for users just entering Asset information and validating assets.

Business Central Out of The Box features for Asset Management

Asset Management in Business Central

Data Visualization and Reporting in Asset Management

Details

You can view detailed information about the fixed asset ledger entries posted to a specified depreciation book for each fixed asset.

FA Book Value

View detailed information about acquisition cost, depreciation and book value for both individual fixed assets and groups of fixed assets. For each of these three amount types, amounts are calculated at the beginning and at the end of a specified period as well as for the period itself.

FA Book Val. - Appr. & Write-D

View detailed information about acquisition cost, depreciation, appreciation, write-down and book value for both individual fixed assets and groups of fixed assets. For each of these categories, amounts are calculated at the beginning and at the end of a specified period, as well as for the period itself.

Analytics

View an analysis of your fixed assets with various types of data for both individual fixed assets and groups of fixed assets.

Projected Value

View the calculated future depreciation and book value. You can print the report for one depreciation book at a time.

G/L Analysis

View an analysis of your fixed assets with various types of data for individual fixed assets and/or groups of fixed assets.

Register

View registers containing all the fixed asset entries that are created. Each register shows the first and last entry number of its entries.