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When you configure the Asset Management application, you define tax books, depreciation methods, property types, asset types, improvements, and Section 179 deduction limits.

Related Topics:

Enable Vision to Automatically Generate Equipment Items
You can enable Asset Management to automatically generate capital items in the Equipment Info Center.
How to Set Up Additional Books
Use additional tax books when processing calculations that are different from general ledger books.
How to Set Up Depreciation Methods
Use depreciation methods to define the types of depreciation required for managing your organization's assets.
How to Set Up Section 179
Use Section 179 to create the tax year calendar and limits for the section 179 deductions.
How to Set Up Asset Types
You can define the different types of assets that are available for use by your firm.
How to Set Up Improvement Types
Improvement Types allow you to configure the classifications for the types of improvements that your firm can use for asset items.
How to Set Up Property Types
Property Types allow you to define the types of property that can be assigned to the different asset types.

Parent Topic: Asset Management Configuration Overview

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