Page 29 - Manual - Well Fixed Assets and Barcode Asset Checking

WELL - FIXED ASSET

- At “Field Class”, the information will be used automatically as the default is
previously set (If using “Auto No.”, the Field program will display “Prefix” or the initial of “Asset
Code”.).

- Specify “Location” of your asset storage.
- Specify a custodian or a responsible person of your asset.

- Put a serial number of your asset in “Field Mfg. Serial No.” (If any).
- Refer to a purchase order in “Field P/O Tax Service” (Optional).

- Put a vendor’s name in “Field Vendor/Mfg” for contact when a maintenance
service is required.
- For “Field Reference”, you are allowed to fill in any additional information,
for instance, vendor’s phone number or name of your asset.
- “Field Cost Center” will facilitate a user in calculating the depreciation value
to be included in Cost Center.

- “Field Foreign Currency Amt.” refers to a foreign exchange rate.

- “Field Currency Code” specifies a foreign exchange code.
- “Field User Define 1-6” will be specified by a user.

- “Field User Define 7” specifies “Asset G/L Acc. No.” of User Define.
- “Field User Define 8” specifies “Accumulated G/L Acc. No.” of User Define.

- “Field User Define 9” specifies “Expense G/L Acc. No.” of User Define.
- For “Frame Depreciation”, there are 2 types of depreciation calculation
methods, including General Ledger (for accounting) and User-Define (Rev) (for revenue).

- General Ledger: Using the “Accounting” method.
- User-Define (Rev): Using the “Revenue” method.

- The expiry date of your asset will be transferred automatically to “Field
Salvage Date”.
- The new depreciation calculation date will be set in “Beginning Date”.

- “Field Y-T-D Accum. DP” displays the accumulated depreciation value
derived from the beginning of the accounting year.
- “Field Current DP” displays the monthly depreciation value (DP of the latest
month).

- “Field Current Y-T-D” displays the year-end depreciation value (the
depreciation value and the latest GL).

- “Field Current Y-T-D” displays the accumulated depreciation value (the latest
GL).
- “Net Value” is the remaining value following the latest GL.

- Click to save the information when it is filled out completely.

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