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Assets

Define amortization characteristics for assets owned by your company.

Assets

Define assets owned by your company and create an amortization for them.

  • Organization : Organizational entity within client
  • Search Key : A fast method for finding a particular record.
  • Name : A non-unique identifier for a record/document often used as a search tool.
  • Asset Category : A classification of assets based on similar characteristics.
  • Document No. : An often automatically generated identifier for all documents.
  • Description : A space to write additional related information.
  • Currency : An accepted medium of monetary exchange that may vary across countries.
  • Product : An item produced by a process.
  • Summary Level : A means of grouping fields in order to view or hide additional information.
  • Static : Prevents from moving the record into the tree
  • Depreciate : The asset is used internally and will be depreciated
  • Depreciation Type : Depreciation Type
  • Calculate Type : Calculate type
  • Annual Depreciation % : Depreciation annual %
  • Amortize : Asset schedule
  • Usable Life - Years : Years of the usable life of the asset
  • Usable Life - Months : Months of the usable life of the asset
  • Every Month is 30 Days : When calculating the amortization plan every month will be considered as a 30 day month.
  • Purchase Date : Purchase date
  • Cancellation Date : Cancellation date
  • Depreciation Start Date : Depreciation Start Date
  • Depreciation End Date : Depreciation end date
  • Asset Value : Asset value
  • Residual Asset Value : Residual asset value amount
  • Depreciation Amt. : Depreciation Amount
  • Previously Depreciated Amt.
  • Depreciated Value : Depreciated value
  • Depreciated Plan : Depreciated plan
  • Fully Depreciated : The asset is fully depreciated
  • Attribute Set Value : An attribute associated with a product as part of an attribute set.
  • Active : A flag indicating whether this record is available for use or de-activated.
  • Quantity : The number of a certain item.
  • Project : Identifier of a project defined within the Project & Service Management module.
  • Generate Amortization Plan : Generate Amortization Plan
  • Version No. : Version Number
  • User/Contact : An acquaintance to reach for information related to the business partner.
  • Use units : Currently used units of the assets
  • Storage Bin : A set of coordinates (x, y, z) which help locate an item in a warehouse.
  • Serial No. : An attribute used as a unique identifier for a product.
  • Profit
  • Partner Address : The location of the selected business partner.
  • Owned : The asset is owned by the organization
  • Lot Name : A group of identical or similar items organized and placed into inventory under one number.
  • Location comment : Additional comments or remarks concerning the location
  • Location / Address : A specific place or residence.
  • Life use : Units of use until the asset is not usable anymore
  • In Service Date : Date when Asset was put into service
  • In Possession : The asset is in the possession of the organization
  • Help/Comment : A comment that adds additional information to help users work with fields.
  • Expiration Date : The date upon which an item is guaranteed to be of good quality.
  • Disposed : The asset is disposed
  • Client : Client for this installation.
  • Business Partner : Anyone who takes part in daily business operations by acting as a customer, employee, etc.
  • Asset Disposal Date : Asset disposal date
  • Asset Depreciation Date : Date of last depreciation
  • Asset : An item which is owned and exchangeable for cash.
  • Acctvalueamt : Accounting value amount

Asset Amortization

Add asset amortizations for a selected asset.

  • Line No. : A line stating the position of this request in the document.
  • Amortization : The depreciation or reduction of a product value over time.
  • Amortization Percentage : Amortization Percentage
  • Amortization Amount : Amortization Amount
  • Currency : An accepted medium of monetary exchange that may vary across countries.
  • Active : A flag indicating whether this record is available for use or de-activated.
  • Organization : Organizational entity within client
  • Line No. : A line stating the position of this request in the document.
  • Client : Client for this installation.
  • Asset : An item which is owned and exchangeable for cash.
  • A_Amortizationline_ID : Amortization line

Accounting

Create and edit G/L accounts to be used in transactions which include a selected asset.

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