Fixed Assets Management System Iris Lee

Fixed Assets System Structure…..…….5 minutes Fixed Assets System Structure…..…….5 minutes Fixed Assets Common Data……….…..10 Minutes Fixed Assets Common Data……….…..10 Minutes Fixed Assets Functions…………....…..80 minutes Fixed Assets Functions…………....…..80 minutes 1. Assets Maintenance 1. Assets Maintenance 2. Assets Transactions 2. Assets Transactions 3. Depreciation 3. Depreciation 4. Inventory Taking 4. Inventory Taking 5. Investment Allowances 5. Investment Allowances 6. Tax-Free Assets Management 6. Tax-Free Assets Management 7. Bank Mortgage Setting 8. Insurance Data Management 9. Interest Capitalization 10. Mold Management 11. Instrument Management Topic

Assets Transactions Sell, Capitalize, Transfer Improve, Revalue, Scrap Fixed Assets System Structure AP Assets Data GL Depreciation (Finance, Tax) AR Inventory Taking Investment Allowances Tax-Free Assets Management Bank Mortgage Setting Insurance Data Management Interest Capitalization Mold Management Instrument Management Production

 Asset Category Asset Main-Category, Asset Sub-Category  Document Property  Frequently Used Memo  Depreciation Department/Category Fixed Assets Common Data

Fixed Assets Maintenance Batch Generate Asset Sheet afap100 Maintain Asset Sheet Data afai101 Carry Entry Sheet to Asset afap110 Fixed Asset Capitalization afat101 AP Maintain Fixed Asset afai100 Manually Entry New Fixed Asset Detail afar202

 Asset Property Tangible, Intangible Asset, Land, Dim Asset, Expense  Depreciation Method No depreciation, Average and have Residual Value, Average but no Residual Value, Fix% Decrease, Output Quantity, Other  Apportionment Method Single Department Apportionment, Multi-Department Apportionment Fixed Assets Master

Depreciate Expense Apportionment Finance Dept. 100% Single Dept. Multi. Department Apportion Category Adm. Dept. Finance Dept. Mfg. Dept. 10% 15% 85% Depreciate Acct Depreciate Acct Depreciate Acct Finance Dept. Adm. Dept. Mfg. Dept.

Fixed Assets Transactions Fixed Assets Asset Department Transfer (afat102) Fixed Asset Improvement (afat105) Fixed Asset Revaluation (afat106) Assets Value-Deduction Prepare (gfat120) Fixed Asset Adjustment (afat107) Asset Retirement(afat108) Asset Charge-Off (afat109) Asset Sale (afat110) Asset Sent Out Data (afat103) Recall Asset Sent Out (afat104) Asset Location Transfer (afat111) Owner Change Location Change Value Change Write off

Assets Value-Deduction Procedure Fixed Asset Main Category (afai010) Fixed Asset Document Property (afai060) Transaction Reason (afai050) Asset Retirement (afat108) Asset Charge-Off (afat109) Asset Sale (afat110) Assets Value-Deduction Prepare (gfat120) Reports Base Data Transactions Value-Deduction Preparation Depreciation Auto Amortize Depreciation (afap300) Carry Asset Voucher to G/L (afap302) Fixed Asset Retirement Application (afar108) Fixed Asset Charge-Off Application (afar109) Fixed Asset Sale Application (afar110)

Fixed Assets Depreciation Procedure Assets Data Assets Transactions Re-Amortize? Carry Asset Voucher to G/L afap302 End of Month Carry forward afap304 Auto Amortize Depreciation afap300 Y N Re-Amortize after Depreciated afai102 Gen Depreciation Entry Sheet afap120 Maintain Depreciation Entry afai104 Depreciation Reports

Fixed Asset Inventory Taking Generate Inventory Taking afap600 Manually Taking Inventory Taking Data afat600 Post Inventory Taking afap610 Fixed Asset Inventory Taking List afar610 F.A Inv.Taking Diff Anal.Report afar620

Investment Allowances Investment Allowances Application afat700 Invest. Cr Application Set Form afar750 Authority Approval afap700 IRA Approval afap710 Investment Allowances Surcharge afat710 Select Allowance Start Year afat720 Investment Allowances Reports

Tax-Free Assets Management Asset Tax-Free Application afat800 Approval for Operating afap800 Approval for Tax-Free afap810 Maintain Fixed Asset afai100 Print Tax-Free List afar800 Update

Interest Capitalization Procedure Carry Asset Voucher to G/L (afap302) Maintain Asset Sheet Data (afai101) Interest Capitalization (afai550) Calculate Interest Capitalization (afap550) Carry Entry Sheet to Asset (afap110) Maintain Fixed Asset (afai100) Fixed Asset Capitalization (afat101) Maintain Financing Status (anmi550) Financing Avg Monthly Interest Cal. (anmp550) Batch Generate Asset Sheet (afap100)

Bank Mortgage Setting Fixed Asset Mortgage Application (afat900) Mortgaged Asset Bank Label (afap900) Batch Remove Mortgage Setting (afap910)

Insurance Data Management Insurance Policy (afat500) Premium Calculation (afap510) Generate Premium Entry Sheet (afap520) Monthly Premium Apportionment Entry Sheet (afai501) Monthly Premium Apportionment (afai500)

 Insurance Data Policy No., Total Coverage, Insured Object, Premium Rate  Premium Calculation calculate Premium depends on Premium Rate  Monthly Premium Apportionment Setup entry sheet default account for Premium Insurance Data Management

Mold Management Maintain Mold Data (afai300) Mold Withdrawal Slip (afat300) Mold Return Slip (afat305) Mold Outside Status Detail (afar360) Maintain Work Order (asfi301) Mold Life-span Times Used Mold Maker

Instrument Management Maintain Measure Instrument (afai200) Instrument Calibration Record (afat200) Instrument Failure Cause Detail (afar253) Overdue Instrument Calib. Detail (afar254) Calibration Due Advice (afar250) Vender Cycle of Calibrate Calibrate item