Work orders & investment projects

November 27, 2023

Capitalizing Work Order Costs: Turning Expenses into Assets 💼 Do you occasionally need to capitalize the costs of a work order, particularly when you're building an asset? In this video, we've got you covered. We'll guide you through the process of converting your work order expenses into assets with Dynamics 365. The journey begins with setting up an investment type project in Project Management and Accounting. We'll show you how to configure your project type as 'investment' to lay the foundation. Then, we'll dive into Asset Management to link your work order to this newly created project. With the critical configuration in place, we'll walk you through a practical example. You'll learn how to create a work order of type 'investment,' allocate costs, and post the transactions. We'll show you how to capitalize these costs and create a fixed asset, turning your work order into a valuable asset. Join us in making the most of Dynamics 365's power and flexibility. Capitalize your work order costs and streamline your asset management process with ease. Watch this video and take control of your expenses today! Subscribe for more insightful tips and tutorials on Dynamics 365. Contact us for a personalized demo: https://bit.ly/32ChDNg. CALL: (805) 581-5020 VISIT: https://www.westerncomputer.com/ EMAIL: info@westerncomputer.com FOLLOW US: https://www.facebook.com/Western-Computer-236693736372775/ https://twitter.com/WesternComputer https://www.linkedin.com/company/western-computer

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