Tag: asset management

Create a group master record for group tax depreciation

To use group tax depreciation methods for a group of assets, do the following tasks: Create an alternate depreciation method to use for group tax depreciation. Define assets for group tax depreciation. Create a group master record for group tax depreciation. Run Asset Depreciation for the group of assets. Generate an Asset Depreciation Schedule Report.… Continue reading Create a group master record for group tax depreciation

Define assets for group tax depreciation

To use group tax depreciation methods for a group of assets, do the following tasks: Create an alternate depreciation method to use for group tax depreciation. Define assets for group tax depreciation. Create a group master record for group tax depreciation. Run Asset Depreciation for the group of assets. Generate an Asset Depreciation Schedule Report.… Continue reading Define assets for group tax depreciation

Set Up Asset Transfer Accounts

The Fixed Assets Management SuiteApp supports multiple subsidiaries and lets you transfer assets between subsidiaries. To support this intercompany functionality, intercompany accounts are defined within the Asset Transfer page. For each subsidiary relationship where asset transfer is required, you must set up transfer accounts for the origin and destination subsidiaries. In an asset record, when… Continue reading Set Up Asset Transfer Accounts

Custom page – For Transfer the Asset

This project/task briefs about the functionality of the Asset To Asset Transfer in DIAB instance.  In general, the Asset to Asset Transfer screen is used to transfer assets amount from one asset’s account to another asset’s account in which both the assets – sender and receiver come under the single fund number. Financial statements from… Continue reading Custom page – For Transfer the Asset

Asset Contribution Page for clients for contribute Assets.

Asset Contribution screens help users to contribute Assets to DAF, Charities and Project Charities funds from the customers and vendors. Once the transaction is completed, the balance of the receiving Asset amount will be increased by the asset contribution amount. Financial statements from Asser contribution screens are manipulated by creating journal entries.  Asset Contribution Screen… Continue reading Asset Contribution Page for clients for contribute Assets.