Asset Assignment (AC03.5)

Use Asset Assignment (AC03.5) to assign Asset Management assets to activities. Before you can associate an asset resource with an activity, the asset must be defined in Additions and Adjustments (AM20.2).

More Information

Click Roles to access Role Assignment (AC03.7). Use AC03.7 to associate roles with resources, including AC Person, HR Employee, Asset, Vendor, and Equipment.

Click More to access Resource Account (AC03.9). Use AC03.9 to associate a company, accounting unit, and account with the resource/activity or activity group combination. This is the default expense account information for Resource Journal Entry (AC41.1), Subcontractor Time and Material Entry (AC42.1), and Transaction Interface Adjustment (AC54.1) only.

Click Rates to access Assigned Asset Resource Rates (AC18.4). Use AC18.4 to associate rates with assigned asset/activity or activity group combinations.

If the Asset Validation flag on Activity Group (AC00) is Y and you use AC54/AC540 to interface assets, or use the AC4x forms to create resource or journal entries, then you must assign the assets here. However, the Resource Validation flag on Activity Group (AC00) will override the Asset Validation flag for the AC54/540 programs.

You can assign an asset to an activity at any level, not just the posting level. Creating the assignment at a level above posting might simplify setup because all assignments apply to any children activities.

You can use Resource Assignment Listing (AC203) to list the resources assigned to an activity.