Changing asset information
Use the Asset General Information window to make changes to information in asset records and book records. You also can use this window to open other windows and make changes in those windows. If you change the cost basis of the asset, the Original Cost Basis field in the Asset Book ITC window will be adjusted by the amount of the change.
To change asset information:
-
Open the Asset General Information window. (Financial >> Cards >> Fixed Assets >> General)
-
Enter or select an asset ID and suffix.
-
If the information to be changed is displayed in this window, enter the new field information and choose Save.
To change information in other windows, refer to the following table for options:
Go To button option Window that opens Additional information Account Asset Account window Refer to Modifying an asset account record for more information. Book Asset Book window Refer to Creating an asset book record for more information. Insurance Asset Insurance window Refer to Creating an asset insurance record for more information. Lease Asset Lease window Refer to Creating an asset lease record for more information. User Data Asset User Data window Refer to Creating an asset user-defined record for more information. -
If you change the Class ID in the Asset General Information window, the Reset Asset Class ID window will be displayed when you choose Save.
-
To update depreciation information in the books that the asset is associated with, mark the Propagate option, select what type of update to perform, and choose OK.
Note
When you save changes to the Class ID in the Asset General Information window, the accounts associated with the new Class ID are also applied to the asset record. The changes are reflected in the Asset General Information and the Asset Account windows for the affected asset, even if you make no changes in the Reset Asset Class ID window.