Asset Management Settings Form
Use the Asset Management Settings form to set up the asset management options and features for your enterprise.
Related Topics:
- Display the Asset Management Settings Form
Display the form in Settings, in the desktop application. - General Tab of the Asset Management Settings Form
Use the General tab to configure the capitalization minimum, asset period, asset item source, and fixed asset gains (losses) for Asset Management. - Additional Books Tab of the Asset Management Settings Form
Depreciation Processing allows you to run depreciation and amortization processing for your company's general ledger or "GL" book. You can also use DPS to calculate depreciation and amortization for any "additional books" that require different processing calculations. To have depreciation or amortization calculated for additional books, first set up an additional book on the Additional Books tab. - Asset Type Tab of the Asset Management Settings Form
Use the Asset Type tab to enter the different types of assets that your enterprise uses and specify related accounts. - Methods Tab of the Asset Management Settings Form
Asset Management includes the ability to process depreciation and amortization for asset items from the Equipment hub. DPS defaults to using the straight-line method of depreciation. However, you can add other methods and their respective calculations as needed. - Property Type Tab of the Asset Management Settings Form
Use the Property Type tab to define the property types that your enterprise wishes to track in the Asset Management application (for example, LP for Leased Property, LR for Realty - Land, and LI for Lease Income). You assign a property type to an asset on the Asset Type tab. - Improvements Tab of the Asset Management Settings Form
Use the Improvements tab to define the types, or classifications, of improvements that are used to improve another asset item (for example, to repair another asset item). You assign an improvement type to an asset on the GL Book tab in the Equipment hub. - Section 179 Tab of the Asset Management Settings Form
Use the Section 179 tab to enter the yearly section 179 deduction limits that are set by the United States government.
Parent Topic: Fields and Options