General

Click the General tab in the Asset Budget Details (FAB) dialog.

Specify this information in the Asset Status section:

Asset Status

The current status of the asset. These options are available:

Active - the asset is actively in use.
Suspended/Held - indicates that you no longer want to use the asset. Whenever the asset code is used in Ledger Entry (LEN), Ledger Import (LIM), or Asset Status Report, you are warned if the asset has been suspended. Asset Disposal (FAD) and Depreciation Calculation (FDC) both ignore suspended assets.
Ready for Disposal - the asset is to be highlighted for disposal in Asset Disposal. You cannot post transactions to assets with this status.

Specify this information in the Disposal section:

Disposed: This is set by Asset Disposal when the asset has been disposed of.
Disposal Period: The period for disposal of this asset. If you leave the disposal period blank, Asset Disposal (FAD) updates it when disposing of an asset.

Specify this information in the Register Overrides section:

Final Value Override: This is set to override the Exclude Final Value from Depreciation Calculation setting in Ledger Setup (LES).
Reporting Conversion Control: Displays the value of the Reporting Conversion Control option specified for this asset in Asset Records (FAS). You cannot change this option here.

Specify this information in the Depreciation Accounts section:

Balance Sheet: The balance sheet account for depreciation postings for this asset. If this is left blank, the default account in Depreciation Calculation is used.
Profit and Loss: The profit and loss account for depreciation postings for this asset. If this is left blank, the default account in Depreciation Calculation is used.

Specify this information in the Advanced Depreciation Accounts section:

Balance Sheet: The balance sheet account for advanced depreciation postings for this asset. If this is left blank, the account entered in Calculate Advanced Depreciation (FAA) is used.
Profit and Loss: The profit and loss account for advanced depreciation postings for this asset. If this is left blank, the account entered in Calculate Advanced Depreciation (FAA) is used.

Specify this information in the Depreciation Period section:

Start Period: The period in which depreciation should commence for the asset.
End Period: The projected final depreciation period for the asset. You can leave this blank if the life of the asset is determined by the depreciation method.
Last Period: This is the last period in which the asset was depreciated either by Depreciation Calculation (FDC), or manually using Ledger Entry (LEN) or Ledger Import (LIM). This is a display only field.

Specify this information in the Data Access Group section:

Save your changes.