Creating asset dimension groups

  1. Select Financials > Asset Accounting > Asset System Setup > Asset Dimension Groups.
  2. Click Create.
  3. Specify this information:
    Company
    Select a company number.
    Asset Dimension Group
    Specify the name and the description of the dimension group.
  4. In the Addition section, select the Clearing and Asset dimensions to be assigned to the transactions.
  5. In the Depreciation section, select the Accumulated Depreciation and Depreciation Expense dimensions to be assigned to the transactions.
  6. In the Disposal section, select the Proceeds, Disposal Expense, Gain, Loss, Deferred Gain, and Deferred Loss dimensions to be assigned to the transactions.
  7. In the Revalue section, select the Revalue Gain, Revalue Loss, Revalue Amortization, and Revalue Reserve dimensions to be assigned to the transactions.
  8. In the Impairment section, select the Impairment Loss, Accumulated Impairment Loss, and Impairment Amortization dimensions to be assigned to the transactions.
  9. Click Save.