Simon Clive: Created page with "Insurance Here you can record and manage all Fixed_Assets including plant, office furniture and equipment with a single-item value of over a pre-determined level, ..."

2011-06-29T22:52:34Z

Created page with "Insurance Here you can record and manage all Fixed_Assets<LinkId=39> including plant, office furniture and equipment with a single-item value of over a pre-determined level, ..."

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Insurance

Here you can record and manage all Fixed_Assets<LinkId=39> including plant, office furniture and equipment with a single-item
value of over a pre-determined level, motor vehicles, land and buildings, leasehold improvements, artwork and leased
assets acquired under a finance lease or under hire purchase or assets that are designed, built and constructed within
a budget centre.

Where can you add insurance details for the asset?

Select the Fixed Assets Tab
Select Fixed Assets button
Enter an Asset Code of your choosing. Asset Codes are not pre-defined so you can create your own
Enter a unique Asset Name eg. for a motor vehicle you may choose to enter the make and registration number
Enter the Asset_Type<LinkId=99>
Enter the Purchase Date
Enter the Purchase Price
Enter the Supplier that the Fixed Asset was purchased from
Enter the location of the asset if applicable - eg. Server Room, Office Number etc
Enter the Department or Cost centre where the asset value will be tracked.

Note: If the asset is shared across cost centres the cost and share of depreciation expense can be entered in the table
at the bottom left of the screen

If the Asset is also a product in your product list, select the product from the drop down list
Enter/select the Serial Number if applicable
Enter/Select the Barcode if applicable

Select the Additional Info tab

Complete the relevent information for the asset.
Most of these fields are for information only. The exception is the Date Fields
Insured Until - Select the expiry date of the insurance policy. This date is used by reminders to prompt you
a selected number of days prior to the policy expiry. See Employee_Preferences<LinkId=230>
Warranty Expires - Select the expiry date of the warranty. This date is used by reminders to prompt you
a selected number of days prior to the warranty expiry. See Employee_Preferences<LinkId=230>

9 Insurance - Revision history

Simon Clive: Created page with "Insurance Here you can record and manage all Fixed_Assets including plant, office furniture and equipment with a single-item value of over a pre-determined level, ..."