This course introduces the advanced financial functionality of Acumatica ERP. In this course, you will set up the Fixed Assets functionality for maintaining fixed assets in two related companies. The current version of the course is valid for Acumatica ERP 2017 R2.

You will learn how to create fixed assets and depreciate them, and how to perform some additional operations for the fixed assets, such as splitting an asset into multiple parts, transferring an asset from one company department to another, and disposing of an asset. You will learn how to close the financial periods in the Fixed Assets functionality. Then you will learn how to migrate data from your company’s legacy system by using an import scenario, and how to create a partially depreciated asset with accumulated depreciation. The course also describes how to apply a Section 179 deduction to a fixed asset.