...
In this UD, only the basic asset setup is described. It doesn't describe how to set up assets for insurance management, track maintenance costs, and budgets. Furthermore, the use of asset cards for Intrastat is not described.
Description of the documented area
FA Setup
The general settings of the module are displayed in the FA Settings table, which is available from the Manual settings list or by searching for the table using the magnifying glass.
...
Field Template Code (Template Code)
PK, code 10, you enter the code at your own discretion. The same code is set for both lines (the line for the depreciation book and for the depreciation tax book).
Field Description (Description)
Text 50, enter text at your own discretion.
Field Depreciation Book Code (Depreciation Book Code)
PK, lookup into the Depreciation Books table and set for each row individually.
Field Default Depreciation Book (Default Depreciation Book)
boolean, Yes is entered for the depreciation ledger. For the depreciation tax book, the default value remains No.
Field FA Posting Group (FA Posting Group)
lookup to the FA Posting Group table, the FA group specified for vehicles is set up for the depreciation book. It is not set up for the depreciation tax book.
Field Depreciation Group Code (Depreciation Group Code)
look into the Depreciation groups table, for the tax book of depreciation the code is set for the tax depreciation of vehicles and according to the tax depreciation methodology. It is not set for the depreciation book only if the accounting depreciation is to be the same as the tax depreciation
OC SK – some (any) code must be set so that the task for creating asset cards has a signal that it should follow the settings in the Tax Depreciation Group table
Field Keep Last Depreciation Date (Keep Depreciation Ending Date)
boolean, it is set to Yes only for the Ledger if the depreciation period is to be observed at all times.
Field Depreciation Method (Depreciation Method)
Optionoption, for the depreciation book bookDepreciation Book Accounting Book, it is selected from the offer according to the accounting depreciation accounting rules according to its own methodology. The setup is not relevant for the depreciation tax book.
Field Purchase Price Retrospectivally (Purchase Price Retrospectivally)
It is set only for the depreciation ledger. It is set Yes if the acquisition cost of the asset (FA Posting Type = Inclusion) is to be recalculated retrospectively when generating depreciation and the calculated depreciation difference is to be added to the currently generated depreciation.
Field Depreciation Date (Depreciation Date)
option: Contract Signing Date,Advance Payment Date,1st Installment Date,Handover Date,Calculation Starting Date.
The recommended setting for both depreciation books is the Object Handover Date option, which represents the start date of the payment calendar. If Object Handover Date and Contract Status = Active or higher, then the task will enter the item handover date there. If the status is lower, it will check if the handover date of the item is filled in and put it there, if it is not filled in, it will put there the date of the expected handover of the item
Field Depreciation Starting Date (Depreciation Starting Date)
DateFormula, for the Depreciation Book Ledger, the date calculation is set up for the depreciation book according to your own needs or the 0D formula, then the date will be the same as the date on the contract. For the depreciation tax bookDepreciation Tax Book, the formula -BR (-AY) is set to calculate the date 1.1 . of the given year.
Field Number of Depreciation Months (No. of Depreciation Months)
Integer, if the depreciation period from the lease agreement is not to be transferred, the number of months of accounting depreciation is entered.
Field Number of Months of Depreciation in Accordance with the Lease (Number of Months of Depreciation in Accordance with the Lease)
boolean, set for the ledger G/L Yes, if the asset is to be depreciated for the same period as the duration of the contract.
It is set for the depreciation book if depreciation is to be stopped when the
if Boolean = No, the task takes the value from the Number of Depreciation Months field in the template and fills in the same value in the Number of Depreciation Months field in the specified depreciation book
Field Ending Book Value (Ending Book Value)
decimal, the amount for the Depreciation Book of Accounting is set if depreciation is to be stopped when the set book value is reached. The amount can be entered to 2 decimal places.
Field Transfer Ending Book Value (Copy Ending Book Value)
boolean, set for the depreciation book Depreciation Book if the set value in the Ending Book Value field is to be transferred to the book
if Boolean = Yes, the job will fill in the same value from the Ending Book Value field in the template to the same field on the FA card to the selected depreciation book, if the value in the Ending Book Value template field is blank, it will take the value from the contract from the Cost RV for Int. Margin field
SK – Tax depreciation groups
...