Adding Assets

To add assets:

1. Navigate to Maintenance > Capital > Asset Setup. Click the Asset tab.

2. Click the Add button on the Asset page.

3. Enter an asset code for the asset that correlates with your company's current practices.

4. Enter a name for the asset that is descriptive and easy to identify. This field is required.

5. Select a category from the drop-down list. The list of available categories is populated from the asset categories you setup using the Asset Categories page.

6. Asset Life (in Months) is defaulted based on the category the asset is assigned to.

7. For Status, select whether the asset is Active or Inactive.

8. For Allow Life overriding by end user, select this checkbox to allow a budget user to override the useful life of the asset during budget input via the Planning Control Panel.