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Prompt File - Asset Creation
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- Prompt File - Asset Creation
Prompt File - Asset Creation
Updated by Caroline Buckland
The process
To create assets from the Prompt File. This guide utilises a journal but an Accounts Payable Invoice or indeed a Sales Invoice (used for disposals) could also be used to create an entry in the prompt file.
Access the Prompt file
To access the Prompt file follow the menu options, Fixed Assets- FA Processes-Asset Maintenance-Prompt File-click on OK to retrieve a list of transactions.
Create the Asset
Click on the Asset you wish to create and click on the Asset Create
Press Enter on the Keyboard this will highlight the mandatory fields.
Asset Number – enter the Asset Number
Group – if this field has not defaulted enter a group
Category – if this field has not defaulted enter a category
Location – enter a location for the asset
Move through each of the formats to check the details are correct.
Assign GL Accounts to the Asset
Click on the Accounts button.
This will show which GL Accounts are posted to for Depreciation, Cost etc.
You can override these accounts.
Valuation of Asset
Click on the Valuations button.
Press enter on the keyboard for the values to default.
The Valuation and Amount and Effective Date will default.
You may amend the Depreciation Start Date.
Update the Asset
When you have completed all the tabs, click Update.