The asset count is performed to count the material-related or independent assets of the company and to generate count excess or deficit records. The asset inventory is initially generated as a report, and then is distributed to the relevant organizational units based on the allocation locations. Once the result of stocktaking is notified to the Accounting in writing, the records are imported to the system by the employee who is responsible of the asset with the help of the count transactions wizard.
The category, transaction date and organizational unit of the assets to be counted are selected using the wizard that opens in Asset Management > Transactions > Asset Count Transactions window.
After selecting the organizational unit to be counted, discrepancy in stocktaking numbers is saved by selecting either Exists or Does Not Exist option in Cycle Count Quantity column. If the assets to be counted are in Other Asset category, quantity can be changed. For example, the cycle count quantity can be changed from 3 to 4 or 5.
Excess assets found in cycle count are added in the Assets Found in Counting window. These excess assets should be entered to the asset inventory with a commissioning slip by defining an asset card.
A Decommissioning Slip is generated with "Generate Slip" button for assets that are absent or in deficit. The generated slip can be accessed from Asset Transactions > Transactions > Asset Count Transactions menu.
The related G/L slip can be accessed from the Attached Records menu in the Asset Transactions browser where you can find the Decommissioning Slip you generated.