A location defines the physical site of an asset. A location consists of up to eight segments, each of which further defines the precise site of an asset.
Asset Distributions (tffam1520m000)Use this session to maintain information about an asset's location and distribution. When you add an asset, you record one or more corresponding distribution lines, the session indicates the physical location(s) of each asset. The session also indicates the applicable depreciation quantity or percentage of cost that must be calculated for each line when depreciation is run for this asset. The integration with the General Ledger is controlled from the Source field in this session. You cannot distribute an asset for more than its total quantity. You cannot distribute an individual line with a quantity of zero or less. Therefore, if the total quantity of the asset is one, you can distribute by percent cost or quantity, by using a single distribution line. You can distribute a new asset by percentage or quantity. If you distribute by percentage, LN uses the percentages to calculate depreciation amounts when depreciation is run. If you distribute by quantity, you enter an integer on each line to indicate the quantity of the asset present at that location. LN converts the quantities stored to percentages automatically, and uses these percentages to calculate the cost for each account when depreciation is run.
Location A location defines the physical site of an asset. A location consists of up to eight segments, each of which further defines the precise site of an asset. Description The segment code description for the asset. Distributed Quantity The quantity of the asset distributed to the indicated location and distribution expense account. Asset Number The asset number and asset extension create a unique identifier for the asset in the selected company. Asset Extension The asset number and asset extension create a unique identifier for the asset in the selected company. Company Source You modify distributions of accounts by either an integration scheme or a transaction schedule. Default value Integration Scheme If you select Integration Scheme, there is only one account, and the detail information can be viewed in the Asset Account Details (tffam1126s000) session. You add the integration scheme for as many distribution lines as needed, and it can be defaulted. If you select Transaction Schedule, you create a record that has a scheduled code in the Transaction Templates (tfgld0512m000) session. You can distribute among several accounts, instead of just one account. One of up to eight components that define an asset's location. Description The segment description. Distribution of the asset by quantity or percentage. Reference You can add a brief memo which is displayed by distribution line.
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