To Define Locations and Cost Centres for Assets

Note: When you add an asset to Fixed Assets, the Allocate form is displayed automatically if you use locations and cost centres.

  1. Open the Fixed Assets folder and then click Processing or click the Financials tab on the Ribbon Bar and then click Fixed Assets - Processing.

  2. Find the asset using List tab, the search icon on the toolbar, or by pressing CTRL+F.

  3. On the Action menu, click Allocate.

  4. Press F5 or click Allocate on the Action menu.

  5. The Add Details form is displayed.

  1. Add the location and cost centre, and depreciation account for the asset. You cannot enter a location or cost centre that have already been used for the asset.

  2. Add the quantity you want to allocate to the location and cost centre.

  3. Click OK.

  1. If there is a remaining Quantity To Allocate, Press F5 or click Allocate on the Action menu again. Then follow the steps in point 5 again until the Quantity To Allocate is zero.

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