Maintain Asset Item

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Menu: Asset | Asset Item...

Introduction

Add new asset items.
Asset Item 01.jpg


Maintain Asset Item

Maintain Asset Item
Asset Item 02.jpg
Field Name Explanation & Properties
Code
  • Input the new Asset Item Code
  • Field type : Alphanumerical
  • Length : 20
Description
  • Input the Asset Item description, eg. Meeting Table, Toyota Vios, Perodua MYVI, etc
  • Field type : Alphanumerical
  • Length : 200
Asset Group
  • Select an appropriate Asset Group for depreciation calculation and GL Account code posting.
Agent
  • Select who is the Agent use this Asset Item.
Area
  • Select where is the asset located.
Acquire Date
  • Set the acquire date for this asset.
Cost
  • Set the purchase cost for this asset.
Useful Life (Years)
  • Set the useful life of this asset.
Residual Value
  • Set the residual value for this asset.
Status
  • Default is Active. Set Inactive and inactive date.


Depreciation Schedule

1. Select the Frequency to generate the depreciation schedule by :-
a. Monthly
b. Quarterly
c. Half Yearly
d. Yearly
2. Click Generate button.
Asset Item 02a.jpg


Project

Set the depreciation allocation by Project (for Departmental/Cost Center purpose).
Asset Item 02b.jpg


History

Add the important remarks in the asset history. For instances:
a. who has borrow/ when has return this asset?
b. asset has send for repair or service...
c. asset has destroyed by flood
Asset Item 02c.jpg


Photo

Add the asset photo.
Asset Item 02d.jpg


Attachments

Add the attachments for an asset
Asset Item 02e.jpg


See also