Frequently Asked Questions
This section contains frequently asked questions related to Fixed Assets.
- Related Topics:
- For which fields am I required to enter data in Asset Master and Asset Template records?
- Can I change the value of the System-Wide Configuration for Depreciation Calculations options on the Configure Fixed Assets Settings screen?
- When is the best time to use the Clone function to copy or effectively re-number an asset?
- What are Asset Templates and how should they be used?
- Which Costpoint Fixed Assets processes can or cannot be run simultaneously by multiple users?
- I computed depreciation successfully so why does the Current Pd Depreciation field now display a negative value or zero?
- Why did I receive the following message while saving an Asset Master?
- What is the purpose for the Post Disposal to G/L check box on the Manage Asset Master Information screen?
- Why did I receive the following message when closing the Cost Info tab of the Manage Asset Master Information screen?
- How many times during the same accounting period can I calculate depreciation?
- How many times during the same accounting period can I post depreciation?
- Should I be concerned when, occasionally during processing, the percent thermometer re-sets or does not seem to reflect the percentage completed?
- How do I know when to initialize setup screens and in which order?
- What is stopping me from running the Close process?
- What should I do when I get system errors during processing, saving, or data entry?
- I tried to delete an asset, but after receiving the message that the asset was deleted, the asset can still be queried and does not appear to have been deleted.
- In what sequence should I perform monthly procedures and processes?
- What are my options for tracking changes to cost in my Asset Master records?
- What effect will a cost change have on depreciation calculations?
- When an asset is disposed of, why isn't the book value zeroed out in the Asset Master record for each applicable book?
- What happens if I manually enter a current depreciation value, post it, and then recalculate depreciation?
- Are freight or miscellaneous line charges allocated by quantity or by dollar in autocreation?
- Does a depreciation adjustment create a separate journal entry or is it automatically included in the disposal journal entry?
- Once an asset is added and saved, which fields can later be edited?
- Can Costpoint Fixed Assets produce physical asset tags for inventory purposes?
- How does Costpoint Fixed Assets deal with physical inventory processes?
- Can the asset numbering be automated by segment yet still allow manual numbering?
- Are multiple depreciation methods supported?
- Are there any links between Fixed Assets and Billings so that posted depreciation expense can also be a billable job charge?
- Does the system automatically recalculate depreciation if I make changes to any fields that would normally affect depreciation calculations?
- What happens if I backdate an asset's depreciation start date?
- Can I report on retired assets?
- Can I reverse retired assets?
- How can I keep the selection parameter pages in reports and processes from printing?
Parent Topic: Related Topics