Functional States of Fixed Assets
The use of the Functional States of Fixed Assets register is optional, as the Status field in the Header is used for informational purposes only and does not influence accounting. The Status of Fixed Assets, Small Tools or Fixed Assets in Acquisition can be for example defined as Active, Inactive, Damaged, or as any other chosen relevant condition. This helps provide additional information of the asset’s current functional state.
The register can be accessed from the Header, located in the Fixed Assets, Small Tools and Register-Fixed Assets in Acquisition registers, by double-clicking the Status field.
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Hint
Examples of how to use the Fixed Asset Groups register are described on the corresponding pages of the User Manual.
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Table of contents
- Toolbar
- Central Form
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Toolbar is located at the top of each PANTHEON form within the program window. Its general functions are described in the chapter Toolbar. A function specific to Functional States of Fixed Assets is the Functional states of fixed assets report, which can be accessed by clicking the
(Reports) button.
In the Central Form, new entries can be created to define the various functional states of a assets, such as Active, Inactive, Damaged, or any other custom status relevant to the asset's operational condition. It enables the management of the various functional states that an asset can go through during its lifecycle.
| Type |
An 8-character alphanumeric status assigned to the Fixed Assets, Small Tools or Fixed Assets in Acquisition.
This status Type is visible in the Status field in the Header when selected, helping to categorize the asset according to its functional state or stage in its lifecycle. |
| Name |
A descriptive Name for the status Type, up to 40 characters in length.
This name provides a clear and concise label for the asset's status, such as: Damaged - returned to use after repair. |
| Active |
A checkbox used to indicate whether the asset is active or inactive. Selecting this option marks the asset as active, helping track which assets are currently in use within the organization.
This setting is informational only and can be used to filter Reports. |