Defining Fixed Assets parameters

You use the FAM Parameters (tffam0100s000) session to set parameters for the Fixed Assets module for a specified company.

For each company, you set parameters in the Fixed Assets module that contain the following:

  • Default general ledger transaction type
  • Default history retention years and periods
  • Default depreciation frequencies
  • Default depreciation information
  • Default exchange rate types
  • Default books
  • Default category

The parameters include a transaction type through which all fixed asset transactions are posted.