Creating asset items

  1. Select Manage Assets.
  2. On the Unreleased tab, open an asset record.
  3. On the Items tab, click Create.
  4. Specify this information:
    Item Number
    Specify the item number for the asset.
    Description
    Provide a description.
    Purchase Date
    Select the date that the asset is purchased. This purchase date can be different from the in-service dates for the depreciation books that are used.
    Item Quantity
    Specify the number of units that create the asset item.
    Cost
    Specify the cost of the item.
    Tax
    Specify the paid tax on this item.
    Model Number
    Specify the item model number.
    Serial Number
    Specify the item serial number.
    Item Condition
    Select the condition of the item to better assess and manage the asset quality. You can select Fair, Good, Excellent, Poor, or Damaged.
    Longitude
    Specify the longitude of the location.
    Bar Code
    If the item is a part of the physical inventory, then specify the bar code for the item.
    Inventory Date
    Select the inventory date.
    Altitude
    Specify the altitude of the location.
  5. Click Save.