General

Set up the parameters for fixed assets.

Tax accounts

Set up the sales tax codes and the level of compression for fixed asset tax transactions.

Document

Set up the location for documents generated for fixed assets.

Dimensions

Set up the financial dimension codes that are used for fixed asset transactions.

Document types

Set up the number sequence for documents generated for fixed assets.

Number sequences

Set up the number sequence for various fixed asset references.

Base value model

Select the value model used for accounting functions.

Tax value model

Select the value model used for tax functions.

Minimum depreciation

Enter the minimum amount of depreciation to be used when accruing depreciation with the Reducing remaindermethod.

Allow multiple putting into operation

Select this check box to allow multiple fixed asset acquisitions.

Note
If this check box is selected, you can register multiple acquisition transactions for a fixed asset. This allows you to register changes in the cost of the asset over time.

Require reasons for asset changes

Select this check box to specify if a reason must be entered for changes in depreciation.

Required

A list of reason code requirements that are moved from the Not requiredlist.

Not required

A list of reason code requirements.

Autonumeration FA

Select this check box to activate automatic numbering for all fixed assets.

Barcode equals FA number

Select this check box to automatically assign bar codes for fixed asset numbers.

Note
If this check box is selected, a bar code number that is the same as the fixed asset number will be automatically generated and displayed in the Fixed assetsform.

Autonumeration barcodes

Select this check box to activate the automatic numbering of bar codes with a number series.

Note
You can select this check box only if the Barcode equals asset numbercheck box is not selected.

Association with warehouse

Select this check box to establish correspondence between the inventory item and the asset number.

Note
If this check box is selected, each item unit of the fixed asset type in the inventory is counted as one fixed asset.

Round-off

Enter the value by which transaction amounts must be rounded for accounting purposes.

Posting profile

Select the posting profile that will be used by default if no posting profile is specified for the value model.

Language

Select a language for the fixed asset documents.

Reservation

Select Manual, Automatic, or Explosionto specify the type of reservation of items during assembly or disassembly of a fixed asset.

( Assessed tax)

Sales tax code

Select a sales tax code for processing assessed tax.

Compression

Select the level of compression for the assessed tax transactions from the following options:

• Tax– When you create a fixed asset tax journal in the ledger, the detailing of the journal lines is generated according to the tax codes.

• Total– When you generate transactions in the fixed asset tax journal in the ledger, the total of the transactions is generated without detailing according to the tax codes.

( Transport tax)

Sales tax code

Select a sales tax code for processing transport tax.

Compression

Select the level of compression for the transport tax transactions from the following options:

• Tax– When you create a fixed asset tax journal in the ledger, the detailing of the journal lines is generated according to the tax codes.

• Total– When you generate transactions in the fixed asset tax journal in the ledger, the total of the transactions is generated without detailing according to the tax codes.

( Land tax)

Sales tax code

Select a sales tax code for processing land tax.

Compression

Select the level of compression for the land tax transactions from the following options:

• Tax– When you create a fixed asset tax journal in the ledger, the detailing of the journal lines is generated according to the tax codes.

• Total– When you generate transactions in the fixed asset tax journal in the ledger, the total of the transactions is generated without detailing according to the tax codes.

Document location

Select the folder where the fixed asset documents are to be saved.

Department

Select the financial dimension code for the department that will be used for the fixed asset transactions.

Cost center

Select the financial dimension code for the cost center that will be used for the fixed asset transactions.

Purpose

Select the financial dimension code for the purpose that will be used for the fixed asset transactions.

Type

The various types of fixed asset documents.

Number sequence code

Select a number series for the document type.

Reference

The various fixed asset references, such as FA number, Bar code, FA revaluation, FA inventory, FA transfer, Writing off on lifetime, and Assessed tax register journal number.

Number sequence code

Select a number series for the reference type.