Maintaining Fixed Asset Costs

To maintain a comprehensive history of all the costs accumulated for a fixed asset:

Open the Fixed Asset Costs form.
Select the asset number that you are working with.

The Description, Class Code, and Sequence number are populated.
Specify this information:
Vendor

Select the vendor from which the cost was incurred. The name of the vendor is populated.

PO

Select the purchase order associated with the asset.

Line

Select the line/release number associated with the asset.

Invoice Number

Optionally, specify an invoice number for the cost.

Invoice Date

Select the date on which to invoice the cost.

Cost Amount

Specify the amount of the cost.

Cost Type
Select a cost type:
- Purchase
- Enhancement
- Repair
Cost Description

Optionally, specify a description for the cost.
Save the record.

Use these buttons on the form as described here:

Click Fixed Assets to open the Fixed Assets form.
Click Fixed Asset Depreciation to open the Fixed Asset Depreciation form.
If a purchase order is not associated with the asset, click Create Purchase Order to create a new purchase order. Otherwise, click this button to view the corresponding purchase order.