Standard reporting structure and options
The standard reporting hierarchy reports asset records within each asset type for each company. Within the basic reporting structure there are optional reporting breaks for location and division that you can use after you define location and division codes:
| Reporting breaks and sort order | Required as part of standard AM setup? | To include in reporting structure |
|---|---|---|
| Company | Yes | Defined in General Ledger. |
| Accounting Unit* | Yes | Defined in General ledger |
| Location | No | You must define locations. Defining locations |
| Division | No | You must define divisions. Defining divisions |
| Type | Yes | You must define at least one type during required setup. You can add more as the application expands. Defining an asset type |
| Subtype | No | Might have been defined during required setup. You can add more as the application expands. Defining an asset type |
* This option is available in nine reports only.
Designing reports to meet your needs
Note: The location and division codes do not have to reflect
the General Ledger company accounting structure. You can use them
to represent any grouping that is convenient for the reports
You should define the reporting structure according to your asset management and tax reporting needs. The way you define the optional reporting breaks of location, division, and disposal property affects how these details are reported.