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.

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.

A working environment in which you can carry out logistic or financial transactions. All the transaction data is stored in the company's database.

Depending on the type of data that the company controls, the company is:

  • A logistic company.
  • A financial company.
  • A logistic and a financial company.

In a multicompany structure, some of the database tables can be unique for the company and the company can share other database tables with other companies.

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.