• Publish date: August 31, 2021

  • Last update: October 1, 2023

About this course

Infor SunSystems Cloud Fixed Asset

Proper management of fixed assets is absolutely crucial for companies to maintain precise financial records, strategically plan for capital expenditures, and adhere to accounting standards. In addition to these benefits, it can also significantly enhance operational efficiency and minimise costs by preventing unnecessary maintenance and replacement expenses.

With the GEN-26 course, you will gain the necessary knowledge and skills to effectively handle a company's long-term assets through the Infor SunSystems Cloud.

Who should take this course?

  • Fixed Asset Accountant

    As a Fixed Asset Accountant, your role is vital in maintaining accurate financial records of your organisation's tangible assets. With ever-changing accounting standards and technology, it is crucial to stay updated on the latest industry trends and best practices.

  • SunSystems User

    This course offers comprehensive training on effectively utilising SunSystems and its fixed asset module to optimise your asset management processes.

  • Fixed Assets Manager

    Master every step of recording newly acquired tangible and intangible fixed assets and gain a complete overview of your valuable assets with the SunSystems Fixed Assets function and the GEN-26 course.

Why take this course

  • When a company acquires an asset, the fixed asset life cycle begins. SunSystems Cloud provides fully integrated module tools to enable accountants to manage the entire asset life cycle with ease.

  • This powerful solution supports multiple currencies and depreciation methods, as well as automatic asset detail updates for easy tracking. SunSystems Cloud 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-26.

This course is designed for:

Course curriculum

    1. Welcome

    2. Lesson Notes

    1. Introduction

      FREE PREVIEW
    2. Life Cycle of an Asset

    3. Asset Records

    4. Asset Notes

    5. Asset Posting Presets

    6. Hands-on: Fixed Asset Register (Record details of asset, asset note, posting preset)

    7. Asset Class

    8. Hands-on: Record an Asset Class

    9. Create and Post an Asset Journal

    10. Hands-on: Create and Post an Asset Journal

    11. Import an Asset Journal via Infor Q&A

    12. Hands-on: Import an Asset Journal via Infor Q&A

    13. Asset Depreciation Calculation

    14. Hands-on: Depreciate an Asset code

    15. Mark an Asset for Disposal in Asset Records

    16. Hands-on: Mark an Asset for Disposal in Asset Records

    17. Asset Disposal Selection

    18. Hands-on: Mark Fixed Assets for Disposal in FAE

    19. Asset Disposal

    20. Hands-on: Run Asset Disposal

    21. Learning Check

    1. Introduction

    2. Asset Budget Details

    3. Hands-on: Record details of an Asset Budget

    4. Change Budget

    5. Create and Post an Asset Budget Journal

    6. Hands-on: Create and Post a Fixed Asset Budget Journal

    7. Asset Depreciation Calculation on Budget

    8. Hands-on: Depreciate asset on Asset Budget

    9. Learning Check

    1. Introduction

    2. Asset Inquiry

    3. Hands-on: Run the Asset Inquiry

    4. Asset Record Setup

    5. Hands-on: Asset record report

    6. Asset Status Listing

    7. Hands-on: Asset Status Listing

    8. Asset Register Listing for Budgets

    9. Hands-on: Asset Register Listing for Budget

    10. Learning Check

    1. Summary & What's next?

    2. Help Us Improve Your Learning Experience

About this course

  • 44 lessons
  • 1.5 hours of video content
  • 5 hours to complete
  • Published: August 31, 2021
  • Updated: October 1, 2023

Available languages

English, Vietnamese

In this course, you'll learn how to manage fixed assets in SunSystems Cloud, including how to record details, enter asset journals, depreciate, dispose of assets, manage asset actual and asset budget ledgers, and run asset inquiries and reports.

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