Introduction of new Fixed and Low Value Assets

UPDATES

• Data is changed through additional documents - if you want to see data history in reports.
• The Fixed Assets depreciation proportion can be calculated by objects and projects.
• The Fixed Asset depreciation can be calculated up to certain date (so far it has been monthly).
• The Fixed Assets are written-off partially (on asset change document).
• The quantity can only be 1 on Fixed Asset card.
• The quantity can be bigger than 1 on Low Value Asset card.
• New fixed asset and low value asset documents cannot be opened from the confirmation. Only the asset write-off document can be opened. The fixed asset card can be opened if confirmation is been used.
• Changing the financial transactions date on documents creates an inconsistency between the data in the balance sheet and the asset module.
• Following documents cannot be opened from the confirmation
  • The Fixed Asset change
  • The Low Value Asset change
  • The Fixed Asset recalculation
  • The Asset inventory
• Following documents can be opened from the confirmation
  • The Asset write-off

• Fixed Assets - initial fixed asset card - created from a purchase invoice, expense, stock depreciations or filled manually.
• Low Value Assets - initial low value asset card - created from a purchase invoice, expense, stock depreciations or filled manually.
• Fixed Asset Change - document for changing tangible and intangible assets departments, users, objects, depreciation proportions e.t.c. (INV_CHANGE) .
• Low Value Asset Change - document for changing low value assets departments, users, objects e.t.c.
• Fixed Asset recalculation - document for fixed asset upward revaluation, downward revaluation and partial write-off. (INV_HIND).
• Asset inventory - document for making Fixed Assets and Low Value Assets inventory.
• Asset write-off - document for Fixed Assets and Low Value Assets write-off.

Add new documents to the user group, who will use them

• Fixed assets
• Low value assets
• Fixed asset change
• Low value asset change
• Fixed asset recalculation
• Asset inventory
• Asset write - off
• Addresses

Asset classes must be filled correctly for proper data flow (asset type filling required - so that right cards are formed as fixed asset and low value asset cards).

Instruction : Asset classes

Assets location data can be entered to the address block under the departments.

Look instructions :

• Departments addresses
• Address on fixed asset and low value asset card

Look instructions :

• Fixed assets
• Low value assets
• Fixed asset change
• Low value asset change
• Fixed asset recalculation
• Asset inventory
• Asset write-off

Instructions: Document views of the new system

• Not all new links have been added to the asset list report yet
• Not everything is ready for bulk import and export new fields
• Documents printouts are not currently included