Enter Budgeted Fixed Asset

This procedure is used to enter budgeted fixed assets in the fixed asset file. These are used when calculating budgets. Budgeted fixed assets represent acquisitions and sales planned for the next year.

Before you start

To start this procedure, a fixed asset type must be entered in ‘FA Type. Open’ (FAS075).

Follow these steps

  1. Start ‘Fixed Asset. Open’ (FAS001/B).

  2. Specify the fixed asset number, subnumber, and fixed asset type. Enter status 7 and select option New.

  3. On the E panel, specify the name, procurement period and activation period. Enter the information that was not retrieved from the fixed asset type on the E, F and G panels.

  4. To change information in the depreciation type, select option Open for the appropriate depreciation type in panel ‘Fixed Asset. Connect Depreciation Types’ (FAS002/B).To change information in the value type, select option Open in ‘Fixed Asset. Connect Value Types’ (FAS003/B).

  5. In panel ‘Fixed Asset. Connect Value Types’ (FAS003/E), specify the fixed asset value, account and value period.