Copying an existing asset

Use this procedure to add an asset by copying an existing asset.

Use this procedure to copy the structure of an existing asset to create a similar new asset. You can also copy the items and books from an existing asset. When you copy the items from an existing asset, specify the purchase date for the new item. Optionally, you can compute all of the included books.

  1. Select Manage Assets.
  2. On the Assets tab, right click an asset and select Copy Existing Asset.
  3. Specify this information:
    Asset Company
    Select the name of the asset company to override the value from the existing asset.
    Asset Description
    Provide a description for the new asset.
    Tag Number
    Specify the tag number for the asset. This tag is a unique identifier that is assigned to an asset.
    Currency
    Specify the currency for the new asset.
    Asset Type
    You can override the asset type and subtype from the existing asset. Use the Type application to specify an asset type and subtype.
    Asset Group
    Select the name of an asset group.
    Asset Account Group
    Select the asset account group.
    Asset Accounting Unit Group
    Select the asset account unit group.
    Copy Existing Item
    Select this check box to copy the asset items from the existing asset.
    Purchase Date
    When copy existing item is selected, specify the purchase date to apply to the copied asset items.
    Copy Existing Book
    Select this check box to copy the books from the existing asset.
    Compute Option
    Select Yes in the list to compute all the asset books.
  4. Click Submit.