Fixed Assets Management System Iris Lee. Fixed Assets System Structure…..…….5 minutes Fixed...
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Transcript of Fixed Assets Management System Iris Lee. Fixed Assets System Structure…..…….5 minutes Fixed...
Fixed Assets System Structure…..…….5 minutesFixed Assets System Structure…..…….5 minutes
Fixed Assets Common Data……….…..10 MinutesFixed Assets Common Data……….…..10 Minutes
Fixed Assets Functions…………....…..80 minutesFixed Assets Functions…………....…..80 minutes1. Assets Maintenance1. Assets Maintenance
2. Assets Transactions2. Assets Transactions
3. 3. DepreciationDepreciation
4. 4. Inventory TakingInventory Taking
5. 5. Investment AllowancesInvestment Allowances
6. 6. Tax-Free Assets ManagementTax-Free Assets Management
7. Bank Mortgage Setting
8. Insurance Data Management
9. Interest Capitalization
10. Mold Management
11. Instrument Management
Topic
Assets TransactionsSell, Capitalize, TransferImprove, Revalue, Scrap
Fixed Assets System Structure
AP Assets Data
GL
Depreciation(Finance, Tax)
AR
Inventory Taking
Investment
Allowances
Tax-Free Assets
Management
Bank Mortgage
Setting
Insurance Data
Management
Interest
Capitalization
Mold
Management
Instrument
Management
Production
Asset Category Asset Main-Category, Asset Sub-Category Document Property Frequently Used Memo Depreciation Department/Category
Fixed Assets Common Data
Fixed Assets MaintenanceBatch Generate
Asset Sheetafap100
Maintain Asset Sheet Data
afai101
Carry Entry Sheet to Assetafap110
Fixed Asset Capitalization
afat101
AP
Maintain Fixed Assetafai100
ManuallyEntry
New Fixed Asset Detail
afar202
Asset Property Tangible,
Intangible Asset, Land, Dim Asset, Expense
Depreciation Method No depreciation , Average and have Residual Value, Average but no Residual Value, Fix% Decrease, Output Quantity, Other Apportionment Method Single Department Apportionment,
Multi-Department Apportionment
Fixed Assets Master
Depreciate Expense Apportionment
Finance Dept.100%
Single Dept.
Multi. Department
Apportion CategoryAdm. Dept. Finance Dept. Mfg. Dept.
10% 15% 85%
Depreciate Acct. 60001
Depreciate Acct. 60002
Depreciate Acct. 60000
Finance Dept.
Adm. Dept.
Mfg. Dept.
Fixed Assets Transactions
Fixed Assets
•Asset Department Transfer (afat102)
•Fixed Asset Improvement (afat105)•Fixed Asset Revaluation (afat106)•Assets Value-Deduction Prepare (gfat120)•Fixed Asset Adjustment (afat107)
•Asset Retirement(afat108)•Asset Charge-Off (afat109)•Asset Sale (afat110)
•Asset Sent Out Data (afat103)•Recall Asset Sent Out (afat104)•Asset Location Transfer (afat111)
Owner Change Location Change
Value Change Write off
Assets Value-Deduction Procedure
Fixed Asset Main Category(afai010)Fixed Asset Document Property(afai060)Transaction Reason(afai050)
Asset Retirement(afat108)Asset Charge-Off(afat109)Asset Sale(afat110)
Assets Value-Deduction Prepare(gfat120)
ReportsReports
Base Data
Transactions
Value-Deduction Preparation
DepreciationDepreciationAuto Amortize Depreciation(afap300)Carry Asset Voucher to G/L(afap302)
Fixed Asset Retirement Application(afar108)Fixed Asset Charge-Off Application(afar109)Fixed Asset Sale Application(afar110)
Fixed Assets Depreciation ProcedureAssets Data Assets
Transactions
Re-Amortize?
Carry Asset Voucher to G/L
afap302 End of Month Carry forwardafap304
Auto Amortize Depreciation
afap300
Y
N
Re-Amortize after Depreciated
afai102
Gen Depreciation Entry Sheet
afap120
Maintain Depreciation Entry
afai104
DepreciationReports
Fixed Asset Inventory Taking
Generate Inventory Taking
afap600
Manually Taking
Inventory Taking Dataafat600
Post Inventory Takingafap610
Fixed Asset Inventory Taking List
afar610
F.A Inv.Taking Diff Anal.Report
afar620
Investment AllowancesInvestment Allowances
Applicationafat700
Invest. Cr Application Set Formafar750
Authority Approvalafap700
IRA Approvalafap710
Investment Allowances Surcharge
afat710
Select Allowance Start Year
afat720
Investment AllowancesReports
Tax-Free Assets ManagementAsset Tax-Free
Applicationafat800
Approval for Operatingafap800
Approval for Tax-Freeafap810
Maintain Fixed Asset
afai100
Print Tax-Free Listafar800
Update
Interest Capitalization Procedure
Carry Asset Voucher to G/L
(afap302)
Maintain Asset Sheet Data(afai101)
Interest Capitalization
(afai550)
Calculate Interest Capitalization
(afap550)
Carry Entry Sheet to Asset
(afap110)
Maintain Fixed Asset
(afai100)
Fixed Asset Capitalization(afat101)
Maintain Financing Status
(anmi550)
Financing Avg Monthly Interest Cal.
(anmp550)
Batch Generate Asset Sheet(afap100)
Bank Mortgage Setting
Fixed Asset Mortgage Application(afat900)
Mortgaged Asset Bank Label(afap900)
Batch Remove
Mortgage Setting
(afap910)
Insurance Data Management
Insurance Policy(afat500)
Premium Calculation(afap510)
Generate Premium Entry Sheet(afap520)
Monthly Premium Apportionment Entry
Sheet(afai501)
Monthly Premium Apportionment(afai500)
Insurance Data Policy No., Total Coverage, Insured Object, Premium Rate Premium Calculation
calculate Premium depends on Premium Rate Monthly Premium Apportionment
Setup entry sheet default account for Premium
Insurance Data Management
Mold Management
Maintain Mold Data (afai300)
Mold Withdrawal Slip(afat300)
Mold Return Slip(afat305)
Mold Outside Status Detail
(afar360)
Maintain Work Order(asfi301)
•Mold Life-span•Times Used•Mold Maker