You can use asset definitions to:
- add, delete and rename asset types
- link an asset type to an asset general ledger code
- define the depreciation rate and method used when running asset depreciation calculations
- link the asset type to depreciation profit and loss expense accounts and balance sheet accrued depreciation accounts
- define the profit and loss account to record any gains/losses on the sale of an asset
- define the general ledger account to record any private use associated with the asset type.
What you can do:
What you can do... |
See... |
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You can:
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Asset Definitions Maintenance - General tab (on page ) |
View the assets that belong to a particular category of assets. |
Asset Definitions Maintenance - Assets tab (on page ) |