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Asset Categories
Real Estates: The category that covers immovable assets such as buildings and land.
Transport Vehicles: The category that covers company vehicles such as cars and trucks.
Equipment: The category that covers company equipment such as machinery and computers.
Other Assets: The category that covers company assets such as desks and lockers.
The Code, Description, Org. Unit, Material Code and G/L Connection code information should be defined under the General Info tab of the asset card to be defined. The code information selected in Material Code field is used to link the asset card to the material. When clicked on browse (…) button in G/L Connection Group field, the G/L account connection groups of the asset type are listed and the related definition is selected, or a new definition is recorded using the New option.
If the depreciation will be calculated for the defined asset, you must check Fixed Asset box under the Details tab.
Input Cost field under the Fixed Asset Record tab of a draft asset card will be blank, and it will be updated after commissioning.
The asset information that is designated in the material card of asset type is transferred to the asset card by default when defining the asset.