Using Fixed Asset Functionality in Business Central – Tip Tok

In a previous TipTok video, we reviewed the “Deferral” functionality within Business Central, which is used to amortize prepaid expenses or deferred revenue. In this episode of Tigunia TipTok, we review how to use the “Fixed Asset” functionality within Business Central to amortize prepaid expenses. The Fixed Asset functionality is extremely versatile and can handle more that just fixed assets. Learn how to set up the system so you can easily calculate and post monthly amortization entries and more easily track the deferrals.