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Setting Up An Asset Record (FAS) |
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Sun Documentation -
Fixed Assets
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Page 2 of 7
To analyse each asset, at the asset code level, enter an appropriate analysis code for each dimension. Up to ten analysis dimensions can be assigned to asset records using Analysis Structure Setup (NS). These codes are held against the asset itself and are used to analyse assets for reporting, i.e. to report on assets by asset category you can define an analysis dimension called Asset Group, set up all of the asset group codes, and assign this analysis dimension to the asset entity. As an Asset is created, enter the appropriate category code on each asset and use this code to select assets by category for reporting purposes. Base (Value 1) Depreciation tab Click here to see a screenshotAll of the asset values displayed on this tab are expressed in the base currency and cannot be updated directly. The base currency is defined in Business Unit Setup (BUS). Base Gross Value
The original value of the asset, including any additions, revaluations, or disposals. Base Depreciation Value
The total accumulated depreciation for the asset. It is the sum of all transactions posted to the asset with an asset indicator of Depreciation. Base Depreciation Method
The depreciation method to be used by Depreciation Calculation. There are several depreciation methods available. If this is set to Unused, depreciation must be entered manually.
1. Straight Line
2. Sum Of Digits 3. Declining Balance 4. Manual |
Sun Documentation 
