Fixed Assets Controls
Use the screens in the Fixed Assets Controls application group to configure generic fixed asset settings such as posting settings, property types, classification codes, depreciation methods, and so on.
- Related Topics:
- Configure Fixed Assets Settings
Use this screen to set up controls and defaults that are used by the system during initialization, data entry, and when performing calculations. - Configure Posting Settings
Use this screen to specify the current Fixed Assets fiscal year, period, and subperiod at time of initialization. - Manage Property Types
Use this screen to define the categories and descriptions for the types of property that are specifically associated with your asset records, such as "Personal," "Real," "Government," and so on. - Manage Classification Codes
Use this screen to define the codes and descriptions for the classes of property that are specifically associated with your asset records, such as "Automobiles," "Computers," "Equipment," and so on. - Manage Subclass Codes
Use this screen to define subclass codes and descriptions (such as "Automobiles," "Vans," "Trucks" within a "Vehicles " classification code) to optionally link with your asset records. - Manage Depreciation Methods
Use this screen to set up and define the specific parameters for each depreciation method used at your company that will be assigned to depreciable assets (for the G/L book and for any optional books used). - Manage Accumulated Depreciation Account Codes
Use this screen to create accumulated depreciation "shorthand" codes to represent valid General Ledger account, organization, project, reference 1, and reference 2 combinations to link to your depreciable Asset Master and Asset Template records. - Manage Depreciation Expense ACCT Allocation Codes
Use this screen to create depreciation expense account allocation "shorthand" codes to represent valid General Ledger account, organization, project, reference 1, and reference 2 combinations and percentage allocations to link to your depreciable Asset Master and Asset Template records. - Manage Asset Master Field Labels
Use this screen to set up optional location and government field labels that display on the Manage Asset Master Information and Manage Asset Template Information screens. - Manage Tracking Field Labels
Use this screen to set up optional inventory, maintenance, and transfer tracking field labels that display in the related inventory, maintenance, and transfer screens. - Manage Asset Master User-Defined Labels
- Manage Location 1 Codes
Use the location code data entry functionality to record additional location information that may be specific to your company but for which there are no system-defined standard fields with the desired terminology (such as "Building", "Room No.", "Bin No", and so on). - Manage Location 2 Codes
Use the location code data entry functionality to record additional location information that may be specific to your company but for which there are no system-defined standard fields with the desired terminology (such as "Building", "Room No.", "Bin No", and so on). - Manage Location 3 Codes
Use the location code data entry functionality to record additional location information that may be specific to your company but for which there are no system-defined standard fields with the desired terminology (such as "Building", "Room No.", "Bin No", and so on). - Manage Location Groups
Use this screen to optionally name and create one or more sets of location group data. - Manage Disposal Types
Use this screen to define disposal type codes and descriptions (such as "Scrapped", "Obsolete", "Stolen", and so on) to optionally link with your asset records when you enter disposal data. - Asset Master Autocreation Controls
Use the screens under Asset Master Autocreation Controls to configure the settings to automatically create Asset Master records by importing data from Costpoint Purchasing, Receiving, and/or Accounts Payable.
Parent Topic: Fixed Assets