SmartFusion Modules > Fixed Assets > Enter/Edit Asset Master 

Recent Changes:  
6.175
- Changed the Proceeds column for the Disposals grid under the Acquisitions/Disposals tab to only accept dollar amounts.

Introduction

Provides more detailed information of the acquisitions that make up an asset and the disposals on the asset.

Explanation

This tab contains more detailed information about the acquisitions and disposals of an asset.

Acquisitions

Vendor Number -

Vendor Name -

Memo -

Acquisition date -

Date in service -

Quantity -

Unit Price -

Cost -

Life in months -

Salvage Value -

Reference Number -

Depreciated -

Depreciation Type - The percentage set on the depreciation type determines the base depreciation amount.

Base Depreciation Amount - The percentage set on the depreciation type determines the base depreciation amount. It is a calculated field - So if the Cost of the asset was $100 and the percentage set on the depreciation type is 10% then the base depreciation Amount is calculated as 100$ - ( 100 *.10) = 90$.

Disposals

Date - Disposal date

Disposal Cost -

Disposal Type - Sale/Scrap/Stolen/Traded/Defective return to vendor/ Remove from fixed assets/ Administrative adjustment/ Other / Surplus

Memo -

Proceeds -

Disposed Amount -