top of page
Microsoft Business Central

How to create a fixed asset card and set depreciation..

The fixed asset card in Business Central provides information on the details of a fixed asset and how depreciation will be treated, and how the asset will be maintained. The create a fixed asset card, follow the steps below.

Join On Point Academy to view all content

To create a fixed asset card:

STEP 1: Click on the search icon at the top right and type in “FIXED ASSET”. Select the related link.

STEP 2: A Fixed Asset page opens. On the Fixed Asset page Click on New.

STEP 3: On the Fixed Asset Card, fill in the relevant fields.


Description: This gives detailed information about the fixed asset. It usually includes the specific name of the fixed asset.

FA Class Code: This specifies the fixed asset class the asset belongs to.

FA Subclass Code: Under the fixed asset code, there are subcategories that give further information about a fixed asset, this field specifies which subcategory the fixed asset belongs to.

Depreciation Method: This will tell the procedure the business will use in calculating depreciation.

Depreciation Starting Date: This shows the specific beginning date that depreciation will be calculated for the fixed asset.

No. of Depreciation Years: This specifies the number of years of the fixed assets estimated useful lifespan.

Depreciation Ending Date: This specifies the date the calculation of depreciation for the fixed asset end.

Get trained
the On Point way

From self paced online courses to private training sessions.
Become industry ready.
bottom of page