ASSETS MANAGEMENT FEATURE¶

Purpose¶

• To track and maintain the long-term physical assets and equipment of an Organization.

• Configuration data saved in ASSET_SETTING and ASSET_DEP_CONFIGURATION
• Assets Group data saved in ASSET_GROUP and ASSET_GROUP_LEDGER
• Assets Location data saved in ASSETS_LOCATION and ASSETS_LOCATION_GROUP
• Assets Master (Product created ) data saved in ASSET_MENUITEM

• Enableassetmodule = 1 (For the assets Module enable)

Application Flow

1. Configuration
• Navigate to the Master > Fixed Assets Module > Configuration.
• Salvage Value is based on Depreciation Calculation (feature is not complete yet)
• Input the Minimum Depreciation Value (Reflected in Purchase Invoice-cost rate)
• Select the Depreciable From > Select Month range and Dep calculation.
• Select the Calculation Interval
• Depreciation for Branch Transfer >> Select Depreciation from
• Life Based Depreciation Configuration
  • Enable Life Based Depreciation.
  • Calculate Depreciation based on Activation Date
  • Deprecation

• If minimum depreciable value is 0 in configuration then ledger mapping should be for fixed asset mapping
• If the minimum depreciable value is greater than 0 in configuration.Check the per unit rate of the item with the same
• To select the Date Range and Depreciation Calculation, First need to press the view/eye button. “Deprecation from” is for the report where selected deprecation wise reports will be loaded.
• If the User Input the ratio should auto calculate the percentage and if the percentage is input ratio should not auto calculate.
1. Assets Group
• Navigate to the Assets Group
• Click to the Add Group.
• Input the mandatory Field.
• Edit/Delete as per requirement
  Note: Users can only input the rate less than 100 and should not be able to input more than 100.
  User can map the multiple ledger.
  Ledger/Account should be create from accounting application.
1. Assets Location
   loaction are create for the item loaction.
2. Assets Location Assigning
   Assets Location are the new location assigning for the item. If user do the purchase of item then location are set as default and user need to change the location default from new location. User can change the loaction item wise and group wise.
   Note:
• Search Location are for to search the location assign and unassigned.
• Location are for to the specific loaction of the item.
1. Assets ID Printing
• Assets id printing can be done from two ways i.e product wise and Purchase Voucher Wise.
• Assets Id should be shown on the basic of transaction and location show basic of assets_location – LocID
• User can Select the multiple assets Id for the printing.
• On the Basic of Purchase Voucher product will be display
• If the Purchase Voucher have multiple item should show all the item
1. Assets Master
• Navigate to the Master > Fixed Assets Module > Assets Master.
  Note: Useful life feature has been remove from transaction (If the user tick the calculate life based Depreciation check box then user should be able to edit the useful life column on Purchase Invoice and vice versa)
1. Purchase Invoice Assets
• Navigate to the Transaction > Purchase > Purchase Invoice Assets
  • If the Item rate is greater or equal to Depreciable value then it is fixed assets.
  • If the Item rate is less than Depreciable value then it is Expenses (Direct and Indirect)
    User should able to view the Asset ID from the view button in PI
1. Opening Stock Assets
   Navigate to the Transaction > Inventory Movement > Opening Stock Entry.
   Note: Assets Id column has been removed (If the user enters the assets id manually then qty will be locked as 1. If asset id is not manually entered than qty should be open for the input more than 1 and assets id will auto generate in Type : Fixed Asset)
   Note: Book value should be manually enter and should not more than cost value. Purchased Date and Location should be mandatory.

List of Document

1. PO Quantity Calculation
2. A TO Z Mobile House
3. Tax Config Charges Master.docx
4. TDS Account Selection feature in Purchase Invoice.docx
5. Sub-ledger column in Non-trading purchase invoice grid.docx
6. Multiple production entry.docx
7. Multiple Vehicle Mapping Feature.docx
8. Pending orders should be auto closed by certain timeline.docx
9. Credit Limit in Sales.docx
10. Expiry Goods Exchange.docx
11. CakeShop.docx
12. Additional Scheme Implementation- Surya Paints.docx
13. Adding New Wholesale Price before and after VAT in Bulk Price Change Master.docx
14. Terms and Condition mapping while creating Party.docx
15. CellPay.docx
16. Authorization for Sales rate below cost rate in TI.docx
17. ALIAS based Menucode