Settings for Fixed Assets – Admin. Panel

Tax Depreciation Calculation

Check this checkbox if you want depreciation in the Fixed Assets register to be calculated according to tax depreciation rates (see the chapter Depreciation Recognized for Tax Purposes).

Enable subsequent recalculation of tax depreciation

This setting is visible only if the Tax Depreciation Calculation option is checked. A new button is displayed for depreciation calculation, which enables recalculation for tax depreciation for multiple periods.

Write events for upward/downward reval into tax deprec.

This checkbox allows you to write events from regular depreciation into tax depreciation. New pop-up window is displayed when entering upward or downward events, which enables you to to copy an event into tax depreciation.

Inventory Number Length

In this section, you preset the automatic generating of inventory number. You can define the length of prefix, suffix, prefix and suffix itself and the length of number. This can be done separately for both, Fixed Assets (FA) and Small Tools (ST).

Prefix or Suffix of inventory number can be constant or variable.

-1 in the box in front of prefix or after suffix means that prefix or suffix is not limited with the number of characters.

The variable #grp# represents a group of fixed assets. Use the number in front of the Prefix field or behind Suffix field to define the length of prefix or suffix.

Program takes five characters or less in case of a constant. Maximum number of characters for total FA inventory number length is 16.

If a number is specified in the field in front of prefix or after suffix, the number defines the length of prefix / suffix.

Inventory number length can be maximum 10 digits long, and 16 characters in total together with suffix and prefix.

If the total of 16 characters is exceeded, a warning message is displayed.

Variables:

#GRP#     =        Group of FA /ST

#DEP#     =         Department from FA/ST

#CDR#       =       Cost center from  FA/ST

It is not allowed to enter both a constant and a variable at the same time in the Prefix or Suffix field. In this case, the program displays an information window at saving:

Move to Last Record when Opening FA Register

If checked, Fixed Assets register will open on the last fixed asset in the register.

Move to Last Record when Opening Small Tools Register

If checked, the Small Tools register will open on the last Small tool in the register.

Divide posting of depreciation by distribution key

Enables entering a distribution key intoto Fixed Assets/Small Tools register. If distribution key is entered, the posting of depreciation for individual fixed asset is divided by this key.

"Assigned To" Field Linked With

Assigned To field can be linked to the Subjects register or to employees.

Select the desired connection:

• Employee Files
• Subjects

Posting method for Sales

You can choose between gross principle and net principle of fixed assets sale. Gross principle is the default setting.

See also Sales invoice from Fixed assets.

Small tools: Write events from utilizations into movement

If checked, all events from the Utilization tab will be copied to the Movement tab. This applies to new events. Program will copy departments, cost centers, places and dates to the Movement tab for new utilizations and partial disposals