Addition template

An addition template contains default asset information common to multiple assets, and can be used in Asset Management to create assets consistently and quickly. An asset template is required when assets originate from Lawson applications other than Asset Management such as Project Accounting or Accounts Payable.

The addition template contains the asset cost, depreciation, and accumulated depreciation account information, the depreciation schedule (books), depreciation methods, and lives. Addition templates:

• define asset detail and depreciation information for assets

• do not define item information

• assign an asset to a specific company

• are typically set up by asset type