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Setup page · Fixed assets

Fixed asset groups

A setup page where you group fixed assets and set default attributes and books for every asset assigned to the group.

Used by
Accounts payable manager, Auditor, Budget manager and 6 more roles
Business process
Classify fixed assets in Dynamics 365 Finance
Menu item
AssetGroup
Main table
AssetGroup
Data entity
AssetGroupEntity
Setup steps
1 on this page
Show what matters for

Everyone

1What it is and why

What it isA setup page where you group fixed assets and set default attributes and books for every asset assigned to the group.
What you do hereUsed to give new assets their default books, service life, depreciation convention, numbering and other values through their group.
ExampleFor example, with a capitalization threshold of 1,500 on the computers group, a laptop that costs 1,400 is created with depreciation turned off.
Fixed asset groups page in Dynamics 365
The page in a working Dynamics 365 system. page title tab to open what to set or check

Functional consultant · Solution architect

2Where it fits

Business processDefine asset strategy › Classify assets › Classify fixed assets in Dynamics 365 Finance
Menu pathFixed assets › Setup › Fixed asset groups
Set up firstBooks Microsoft Learn ↗
Used next byFixed assets Microsoft Learn ↗Special depreciation allowance Microsoft Learn ↗Update replacement costs and insured values Microsoft Learn ↗
Related pagesReclassification Microsoft Learn ↗

End user · Functional consultant

3How to do it

Step by step, with screenshots

Set up Fixed asset groups1 screen

Used to give new assets their default books, service life, depreciation convention, numbering and other values through their group.

  1. Screen 1

    Create the fixed asset group

    Go to Fixed assets > Setup > Fixed asset groups

    1. Select New
    2. Enter the Fixed asset group and Name
    3. Check Type and Property type, then select Save
    4. Select Books and add the book with its Service life
    1Fixed asset groupBEAT-IT
    2NameAtlas demo computer equipment
    3TypeTangible
    4Property typeFixed asset
    Create the fixed asset group (zoomed on the outlined fields)
    Show the full screenCreate the fixed asset group
    page title tab to open what to set or check

Microsoft's steps

  1. Go to Fixed assets > Setup > Fixed asset groups.
  2. Select New.
  3. In the Fixed asset group field, enter a value.
  4. In the Name field, enter a value, and set the numbering options if this group needs its own numbering.
  5. Select Books.
  6. In the Book field, select a book.
  7. Enter the Service life in years.
  8. In the Depreciation convention field, select an option.
  9. Close the page.

Source: Microsoft Learn ↗

Field guide

FieldWhat it meansWorked exampleTable column
Autonumber fixed assetsWith Number sequence code, gives this group its own asset numbering, overriding the parameters.Microsoft Learn ↗——
Service lifeThe asset's service life in years; the depreciation periods are calculated from it.Microsoft Learn ↗——
Calculate depreciationIncludes the group's asset books in depreciation proposals.Microsoft Learn ↗——
Replacement cost factorThe percentage used to recalculate replacement costs; Insured value factor does the same for insured values.Microsoft Learn ↗—ReplacementCostFactor
Capitalization thresholdAssets bought below this amount aren't set to depreciate.Microsoft Learn ↗—CapitalizationThreshold
Bar code number sequenceA default number sequence for bar codes of assets in the group.Microsoft Learn ↗—BarcodeNumberSequenceTable
Fixed asset group—BEAT-IT—
Name—Atlas demo computer equipmentName
Type—Tangible—
Property type—Fixed assetPropertyType

Functional consultant

4Setup decisions

Setup stepRecommended value and whyDecision · common mistake · test
Set up Fixed asset groups——

Solution architect

5Design impact

Shared or per companyPer company: each legal entity has its own records. Microsoft data model ↗
Can it be undone—
Feature or country—
If you change it later—

Technical architect

6Technical

Menu itemAssetGroup Checked in Dynamics 365
FormAssetGroup Checked in Dynamics 365
TableAssetGroupShown as “Fixed asset groups” in Record infoKey field: GroupIdChecked in Dynamics 365
Data entitiesAssetGroupEntityFixed asset groups Microsoft data model ↗DimAttributeAssetGroupEntityFixed asset groups Microsoft data model ↗
Who can open itPrivilegesMaintain fixed assets group records AssetGroupMaintainView fixed assets groups AssetGroupViewDutiesInquire into fixed asset reference data AssetFixedAssetReferenceDataInquireInquire into fixed assets AssetFixedAssetsInquireEnable fixed assets process AssetFixedAssetsProcessEnable
9 security rolesAuditor AuditPolicyManagerBudget manager BudgetBudgetManagerChief financial officer CompanyChiefFinancialOfficerAccountant LedgerAccountantAccounting manager LedgerAccountingManagerAccounting supervisor LedgerAccountingSupervisorRental manager RentalManagerRental purchasing manager RentalPurchasingManagerAccounts payable manager VendInvoiceAccountsPayableManager
Checked in Dynamics 365
Actions on the pageOptions: Personalize, Page options, ShareChecked in Dynamics 365

Developer

7Developer

Open it directlyhttps://<your-environment>/?mi=AssetGroup
Integrate withAssetGroupEntity data entity Microsoft data model ↗
Table definitionAssetGroup columns and relations Microsoft data model ↗

Everyone

8Sources and checks