Undepreciable Fixed Assets

The undepreciable fixed assets feature enables you to repay fixed assets with the whole amount of their acquisition at the time of their release. It also automatically creates quantity records for these fixed assets in order to keep records of their existence and movements in quantitative terms.

Create a depreciation book to keep records of the quantities of fixed assets that will be repaid at the time of release for the amount that they were acquired for. For more information, see Set Up a Quantity Book.

To set up an undepreciable fixed asset

  1. Choose the Lightbulb that opens the Tell Me feature. icon, enter Fixed Assets, and then choose the related link.

  2. In the Fixed Asset Card window, on the Depreciation FastTab, select the Undepreciable FA field.

  3. Choose the OK button.

To create a purchase order for an undepreciable fixed asset

  1. Choose the Lightbulb that opens the Tell Me feature. icon, enter Purchase Order, and then choose the related link.
  2. Choose the Post action.
  3. Choose the OK button.

To create a release order for an undepreciable fixed asset

  1. Choose the Lightbulb that opens the Tell Me feature. icon, enter FA Releases, and then choose the related link.
  2. Open a release.
  3. In the FA Release Act window, choose the Post action.
  4. Choose the OK button.

See Also

Fixed Assets

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