Configuring Automatic Identification

C.

To automatically identify purchases that qualify as fixed assets and add them to the appropriate fixed asset group in Dynamics 365 Finance, you need to configure Fixed Asset Determination Rules (Option C).

Fixed Asset Determination Rules help in identifying whether an item qualifies as a fixed asset and in which fixed asset group it belongs. These rules allow you to define criteria that Dynamics 365 Finance uses to determine whether an item should be treated as a fixed asset.

To configure Fixed Asset Determination Rules, follow these steps:

1. Navigate to Fixed Asset Determination Rules form: a. Go to Navigation pane > Modules > Fixed assets > Fixed asset determination > Fixed asset determination rules.
2. Create a new rule by clicking New or modify an existing rule.
3. In the Fixed asset determination rule form, configure the following: a. Rule name: Give a descriptive name to the rule. b. Description: Optionally, provide additional information about the rule. c. Active: Select the Active check box to activate the rule. d. Item type: Select the type of item to which the rule applies. e. Criteria: Define the criteria for identifying items that qualify as fixed assets, such as cost threshold or item group. f. Fixed asset group: Select the fixed asset group to which the qualifying items should be added.
4. Save the Fixed Asset Determination Rule.

Once you have configured the Fixed Asset Determination Rules, Dynamics 365 Finance will automatically identify purchases that meet the criteria defined in the rules and add them to the appropriate fixed asset group. This will streamline your fixed asset management process, reducing the risk of errors and saving time.