Fixed Asset Acquisition and Addition

Fixed assets created from a supplier invoice, journal voucher, or activated under fixed asset construction must use a FAM function that is connected to a 0-'Common' voucher type.

The sequence number, fixed asset transaction, accounting ledger, voucher type, and accounting date are automatically set in the fixed asset value per period table.

For manually created fixed assets, the acquisition date is in the 'Fixed Asset. Open' (FAS001) is set as the accounting date in FFAHIS.

Fixed Asset Adjustment

Fixed asset adjustment is done similarly to the additional cost but will update a specific accounting ledger.

The adjustment value type can only be updated from 'Journal Voucher. Enter' (GLS100) and will be added to the depreciation calculation.

It is important for the book of account to be connected to a voucher type that updates the same accounting ledger the depreciation type is updating.

To illustrate, if an adjustment is needed for an additional 1 accounting ledger, the depreciation type must also be set to additional 1 accounting ledger and the 'Journal Voucher. Enter' (GLS100) will also use a book of account that is connected to a voucher series with an additional 1 voucher type.

The sequence number, fixed asset transaction, accounting ledger, voucher type, and accounting date are automatically set in the fixed asset value per period table.
Note: An adjustment will only be considered in the depreciation calculation if the value type used as the basis for depreciation is the same as the total acquisition value type used in (FAS900).
Example:
  • Depreciation type 10 is connected to 1-'Local' accounting ledger and is connected to period type 1
  • Depreciation type 20 is connected to 2-'Corporate' accounting ledger and is connected to period type 4.
  • System calendar for period type 1:

    Year 2023

    Period From date To date
    01 20230101 20230131
    02 20230201 20230228
    03 20230301 20230331
    04 20230401 20230430
    05 20230501 20230531
    06 20230601 20230630
    07 20230701 20230731
    08 20230801 20230831
    09 20230901 20230930
    10 20231001 20231031
    11 20231101 20231130
    12 20231201 20231231
  • System calendar for period type 4:

    Year 2024

    Period From date To date
    01 20230401 20230430
    02 20230501 20230531
    03 20230601 20230630
    04 20230701 20230731
    05 20230801 20230831
    06 20230901 20230930
    07 20231010 20231031
    08 20231101 20231130
    09 20231201 20231231
    10 20240101 20240131
    11 20240201 20240229
    12 20240301 20240331

'Settings - Fixed Asset Acquisition' (FAS900)

Description Value type Remarks
Purchase value type 1
Total acquisition cost 10
Adjustment - local 19
Adjustment - corporate 29
Adjustment - additional 1 39
Adjustment - additional 2 49
Depreciation type 10
Description Value type Remarks
Purchase value type 1 As defined in (FAS900)
Total acquisition cost 10 As defined in (FAS900)
Adjustment - local 19
Planned depreciation 11

Depreciation type 20

Description Value type Remarks
Purchase value type 1 As defined in (FAS900)
Total acquisition cost 10 As defined in (FAS900)
Adjustment - corporate 29
Planned depreciation 21

A fixed asset worth 12000 was purchased and activated on 20230920.

The fixed asset was connected to depreciation types 10 (updates the local accounting ledger) and 20 (updates the corporate accounting ledger).

An adjustment of 1000 was posted on depreciation type 10 and 2000 for depreciation type 20.

Depreciation type 10

Description Value type Remarks
Purchase value type 1 12000
Total acquisition cost 10 12000
Adjustment - local 19 1000
Planned depreciation 11 13000

Depreciation type 20

Description Value type Remarks
Purchase value type 1 12000
Total acquisition cost 10 12000
Adjustment - corporate 29 2000
Planned depreciation 21 14000

'Fixed Asset. Display Vouchers' (FAS320)

Table 1.
FA transaction Period Ser Vouch no
AP100000050 202309 P07 217161
AP100000050 202309 P07 217161
GL010000050 202309 P11 11026
GL010000100 202406 P20 222019

(Continuation of Table 1)

Name Vtp Name Rcd Voucher type
AP10510 1 Purchase Cost 0 0
AP10510 10 Total Acq Cost 0 0
UPDATE 19 Adj Local 0 1
UPDATE 29 Adj Corp 0 2FHSEQ7
Table 2.
FSHEQ7 FHFATR FHVONO FHAIT1 FHAIT2
20230921000000050 AP100000050 217161 P21541 P1020
20230921000000100 AP100000050 217161 P21541 P1020
20230921000000150 GL010000050 11026 P21541 P1020
20230921000000200 GL010000100 222019 P21541 P1020

(Continuation of Table 2)

FHAIT7 FHVSER FHVPER FHFAVA FHVOTP FHALDG FHACDT
FA70550 P07 202309 12000 0 0 20230921
FA70550 P07 202309 12000 0 0 20230921
FA70550 P11 202309 1000 1 1 20230921
FA70550 P20 202406 2000 2 2 20230921
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