SIMS Finance - Fixed Asset Management
Course overview
SIMS Finance can record Assets and Depreciate these assets on a Periodic, Quarterly, Half-Yearly or Yearly basis.
This course will enable you to set up the Fixed Asset Management and record existing and new assets in SIMS Finance.
Certain aspects of the setup may have already been applied at configuration stage. Some of the setup is optional however the entire process is covered in this course.
Benefits of attending
What you will learn
• Setting up Depreciation Codes, these will be determined by your accountant.
• Checking Current Cost Accounting Codes exist.
• Setting up Class Codes, these will be determined by your accountant.
• Setting up Location Codes.
• Setting up Group Codes, (optional).
• Setting up Asset Groups, (optional).
• Setting up Maintenance Agreements, (optional).
• Setting up Insurance Policies, (optional).
• Recording Assets.
• Managing Disposals, Write-offs and Revaluations.
• Running the Depreciation Forecast Report
• Running an Asset Enquiry
Who is it for?
Finance Staff
Also Consider:
SIMS Finance - Budget Modelling
SIMS Finance - Personnel Links and Salary Commitments
Learning Pathway: #SIMSFinance
Course details
- Phase of education
-
- Primary
- Secondary
- Delivery Type
- Remote
- Areas of responsibility
- Administrative StaffBursar and Business ManagerFinance Officer
- Course code
- SFFAM-150-05R
- Duration
- Half Day
- Categories
- Finance
Upcoming scheduled courses
There are no classes currently scheduled for this course. Please email simstraining@parentpay.com for further details.