Use this section to create a new asset record and associate the asset with a financial transaction.
At the top of this section, the system displays the accounting line(s) you selected in the Accounting Lines for Capitalization tab. All fields are display only.
For information about these
fields, see Accounting Lines for
Capitalization Tab.
Beneath the accounting lines, the system displays fields in which you enter information about the asset you are creating. The table below describes these fields.
Capital Asset for Accounting Lines section definition
Title |
Description |
Asset Quantity |
Required. Enter a number to indicate how many assets are to be created. |
Asset Type |
Required. Enter the code that identifies the type of
asset which helps define the depreciable life of the asset. You
may search for this code from the Asset Type
lookup |
Vendor Name |
Required. Use the Vendor lookup
|
Manufacturer |
Required. The name of the asset's manufacturer. |
Model |
Optional. The manufacturer-assigned design code. |
Amount Distribution Method |
Display only. The method to be used to distribute costs. ‘Distribute cost evenly’ — Distributes the cost on the selected line(s) equally among the new assets you create. ‘Distribute cost by amount’ — Allows you to enter the amount to be distributed to each asset you create. |
Amount |
The amount to be moved or applied to the asset. If the Amount Distribution Method is ‘Distribute cost evenly,’ this field is display only. If the Amount Distribution Method is ‘Distribute cost by amount,’ this field is required. Enter the cost of the asset. If the Asset Quantity is greater than 1, be sure to enter the extended cost.
|
Asset Description |
Description of the item or its use. This entry comes from the originating document and may be modified by the user. |
Action |
After entering information for an asset, select the appropriate action: Click Click Click Click
|
Tag Number |
Optional. Enter the unique identification number issued by the university and affixed to the asset. |
Serial Number |
Optional. Enter the unique identification number assigned by the manufacturer to the asset. |
Campus Code |
Required. Enter
the code identifying the physical campus in which the asset is physically
located. You may search for this value from the Campus lookup
|
|
Required. Enter the code assigned to the building in
which the asset is physically
located. You may search for this value from the Building lookup
|
Room Number |
Required. Enter the room number in the building in
which the asset is physically located. You may search for this value from
the Room lookup |
Sub Room |
Optional. Specify the cubicle in which the asset is physically located. |
Action |
To delete this record, click |
For
complete instructions on adding assets ( a process
that necessitates the use of both this tab and the Accounting Lines for
Capitalization tab), see Working in
the Accounting Lines for Capitalization Tab.
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