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.
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.
Welcome
Lesson Note
Introduction
FREE PREVIEWLife Cycle of an Asset
Asset Records
Asset Notes
Asset Posting Presets
Hands-on: Fixed Asset Register (Record details of asset, asset note, posting preset)
Asset Class
Hands-on: Record an Asset Class
Create and Post an Asset Journal
Hands-on: Create and Post an Asset Journal
Import an Asset Journal via Infor Q&A
Hands-on: Import an Asset Journal via Infor Q&A
Asset Depreciation Calculation
Hands-on: Depreciate an Asset code
Mark an Asset for Disposal in Asset Records
Hands-on: Mark an Asset for Disposal in Asset Records
Asset Disposal Selection
Hands-on: Mark Fixed Assets for Disposal in FAE
Asset Disposal
Hands-on: Run Asset Disposal
Learning Check
Introduction
Asset Budget Details
Hands-on: Record details of an Asset Budget
Change Budget
Create and Post an Asset Budget Journal
Hands-on: Create and Post a Fixed Asset Budget Journal
Asset Depreciation Calculation on Budget
Hands-on: Depreciate asset on Asset Budget
Learning Check
Introduction
Asset Inquiry
Hands-on: Run the Asset Inquiry
Asset Record Setup
Hands-on: Asset record report
Asset Status Listing
Hands-on: Asset Status Listing
Asset Register Listing for Budgets
Hands-on: Asset Register Listing for Budget
Learning Check
Summary & What's next?
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