Links with other modules
The Fixed Assets module is linked with other modules as follows:
- The General Ledger module contains the ledger accounts and the transaction types used for posting the fixed asset transactions. Fixed asset transactions, depreciation, revaluation, investment, adjustment, and disposal are be posted to general ledger accounts.
- The Accounts Payable handles the entry of a new fixed asset. To enter a new fixed asset in the Fixed Assets, you can register an investment transaction in the Accounts Payable.
- The Accounts Receivable handles the entry of a fixed asset disposal. To remove a fixed asset from the Fixed Assets, you can register a disposal transaction in the Accounts Receivable.
- The Project Production Control (PPC) in the Project package can be used to handle a capital project, based on a fixed asset.
- A fixed asset is usually disposed of because it was sold or thrown away. Use the Sales Invoicing (SLI) to dispose an asset if it is sold.