• Publish date: August 31, 2021

  • Last update: October 1, 2023

Available languages

English

Take financial control of your organisation’s assets with the SunSystems Fixed Assets module. Check out this GEN-6 and learn everything you need to know to effectively and accurately record the acquisitions, disposals, values, and quantities of your valuable assets.

Who should take this course?

  • As a Fixed Asset Accountant, you play a crucial role in maintaining accurate financial records of your organisation's tangible assets. But with rapidly evolving accounting standards and technology, it is essential to stay up-to-date with the latest industry trends and best practices.

  • That is why we highly recommend the GEN-6 course, designed specifically for fixed asset accountants like you.

  • This course will provide you with comprehensive training on how to utilise SunSystems and its fixed asset module to optimise your asset management processes.

  • Check out the GEN-6 course today!

About GEN-6- Infor SunSystems v6.4 Fixed Assets

Asset Management

  • Effective fixed asset management is crucial for companies to maintain accurate financial records, plan for capital expenditures, and comply with accounting standards.
  • It can also improve operational efficiency and reduce costs by preventing unnecessary maintenance and replacement expenses.


Infor Systems

  • This GEN-6 course is designed to equip individuals with the knowledge and skills to manage a company's long-term assets using Infor SunSystems.


In this course, you will learn the following:

  • · The SunSystems Fixed Asset Register

  • · The life cycle of an asset

  • Recording details of a fixed asset

  • Entering the initial values of a fixed asset

  • Running depreciation for a fixed asset

  • Disposing of fixed assets

  • Asset budgeting

  • Running asset inquiries and generating reports

  • Master every single step of recording newly acquired tangible and intangible fixed assets and gain a complete overview of your valuables with this SunSystems Fixed Assets function and this GEN-6.

In this course, you will learn…

Master the tools you need to fully manage the complete life cycle of your asset with these following chapters.

  • Chapter 1 – Welcome

  • Chapter 2 – Foundation

    This chapter delves into the fundamentals, from logging in and out of the system to resetting your password and other nifty tricks.

  • Chapter 3 – Fixed Asset Register

    The Fixed Asset Register module allows you to hold descriptive and quantitative details of your assets, including details of their acquisition, budget, disposal, depreciation, and other relevant information. Let's learn what this multi-currencies and multi-depreciation method solution can do with your asset management process in this chapter.

  • Chapter 4 – Asset Budgets

    Let's delve into the foundation of asset budgeting in SunSystems in this chapter, where you will take a closer look at the essential details to include, examine the steps involved in modifying budgets, and explore how to create and post an asset budget journal. Additionally, we'll go over the crucial process of calculating asset depreciation.

  • Chapter 5 – Running Reports

    In this chapter, you will learn how to get an update on the current status of your assets, any inconsistencies in the asset register, gross value, net book value, accumulated depreciation of an asset, etc. via a variety of SunSystems' functions such as Asset Inquiry, Asset Record, Asseet Status Listing, and Asset Register Listing for Budgets. And if that seems a bit too complicated, don't worry! This chapter also shows you how to use report templates to simplify the reporting process.

Why take this course?

When a company acquires an asset, the fixed asset life cycle begins.

  • SunSystems Fixed Asset Register is a fully integrated module that provides all the tools needed to manage the entire asset life cycle. It is a powerful module that supports multiple currencies and depreciation methods.

  • As you enter ledger transactions in the Financials module, the Fixed Assets module automatically updates asset values and quantities for easy tracking. SunSystems Fixed Asset can also automate the asset disposal process while generating relevant disposal postings.

  • The course will also detail steps for inquiring about an asset's condition and value for better planning and meeting your business requirements. Learn all this and more, including how you can evaluate budgets, forecast depreciation, and run what-if scenarios with this GEN-6.

Course curriculum

  • 1

    Welcome

  • 2

    Foundation

    • Introduction

    • Login

    • Logout

    • Change Password

    • Change Business Unit

    • Home Page & Navigation

    • Learning Check

  • 3

    Fixed Asset Register

    • Chapter Introduction

      FREE PREVIEW
    • Life Cycle of an asset

      FREE PREVIEW
    • Asset Records

    • Asset Notes

    • Asset Posting Presets

    • Hands-on: Fixed Asset Register (Record Asset Records, Asset Notes, Asset Posting Preset)

    • Hands-on: Fixed Asset Register (Record Asset Records, Asset Notes, Asset Posting Preset) with instructions

    • Asset Class

    • Hands-on: Fixed Asset Register (Record Asset Class)

    • Hands-on: Fixed Asset Register (Record Asset Class) with instructions

    • Create and Post an Asset Journal

    • Hands-on: Fixed Asset Register (Create, Post an Asset Journal)

    • Hands-on: Fixed Asset Register (Create, Post an Asset Journal with instructions)

    • Import an Asset Journal via Infor Q&A

    • Hands-on: Fixed Asset Register (Import a Fixed Asset Journal via Infor Q&A)

    • Hands-on: Fixed Asset Register (Import a Fixed Asset Journal via Infor Q&A) with instructions

    • Asset Depreciation Calculation

      FREE PREVIEW
    • Hands-on: Fixed Asset Register (Asset Depreciation Calculation)

      FREE PREVIEW
    • Hands-on: Fixed Asset Register (Asset Depreciation Calculation) with instructions

    • Mark an Asset for disposal in Asset Records

    • Hands-on: Fixed Asset Register (Mark an Asset for disposal in Asset Records)

    • Hands-on: Fixed Asset Register (Mark an Asset for disposal in Asset Records) with instructions

    • Asset Disposal Selection

    • Hands-on: Fixed Asset Register (Asset Disposal Selection)

    • Hands-on: Fixed Asset Register (Asset Disposal Selection) with instructions

    • Asset Disposal

    • Hands-on: Fixed Asset Register (Asset Disposal)

    • Hands-on: Fixed Asset Register (Asset Disposal) with instructions

    • Learning Check

  • 4

    Asset Budgets

    • Chapter Introduction

      FREE PREVIEW
    • Asset Budget Details

      FREE PREVIEW
    • Hands-on: Asset Budgets (Asset Budget Details)

    • Hands-on: Asset Budgets (Asset Budget Details) with instructions

    • Change Budget

    • Hands-on: Asset Budgets (Change Budget)

    • Hands-on: Asset Budgets (Change Budget) with instructions

    • Create and Post an Asset Budget Journal

    • Hands-on: Asset Budgets (Create, Post an Asset Budget Journal)

    • Hands-on: Asset Budgets (Create, Post an Asset Budget Journal) with instructions

    • Asset Depreciation Calculation on Budget

    • Hands-on: Asset Budgets (Asset Depreciation Calculation on Budget)

    • Hands-on: Asset Budgets (Asset Depreciation Calculation on Budget) with instructions

    • Learning Check

  • 5

    Running Reports

    • Chapter Introduction

      FREE PREVIEW
    • Asset Inquiry

      FREE PREVIEW
    • Hands-on: Running Reports (Asset Inquiry)

    • Hands-on: Running Reports (Asset Inquiry) with instructions

    • Asset Record Setup

    • Hands-on: Running Reports (Asset Record Setup)

    • Hands-on: Running Reports (Asset Record Setup) with instructions

    • Asset Status Listing

    • Hands-on: Running Reports (Asset Status Listing)

    • Hands-on: Running Reports (Asset Status Listing) with instructions

    • Asset Register Listing for Budgets

    • Hands-on: Running Reports (Asset Register Listing for Budgets)

    • Hands-on: Running Reports (Asset Register Listing for Budgets) with instructions

    • Learning Check

  • 6

    Summary & Next Steps

    • What happens next?

    • Help us improve your learning experience