Page 31 - Manual - Well Fixed Assets and Barcode Asset Checking

WELL - FIXED ASSET

Deletion of Asset

If you want to delete any of your assets from the list, you are recommended to
zoom in to select that asset and click to delete. In case of using Auto Number, it is necessary to
edit Running Code by clicking “Set Up -> Running Code”.
Status of Asset

The status of your asset will indicate the function process of a particular asset to
be displayed below the “Function Asset Entry”, divided into 2 categories; Asset Status (GL) and
User-Define, located on the left and right side of the screen, respectively. There are 7 types of asset
status detailed below.

1. New – New asset, meaning an asset item without depreciation calculation.
2. RDY – GL already, meaning an asset item has been through the GL function
(DP -> Month End -> GL).

3. EXP – Expired, meaning an asset item’s depreciation is due.
4. BRK – Abbreviation of Breakdown, meaning a major asset item is divided
from “Stop Transaction” and will be implemented by a minor asset item.

5. REV – Revalue, meaning a major asset item with a revalued cost. The asset
item will be divided from “Stop Transaction” and will be implemented by a minor asset item.

6. DSP– Disposal, meaning an asset item is already disposed.

7. DPR – Depreciation Only, meaning an asset item is in the “Month End”
process but not reaching the “GL” yet. If this status displays, it means a user forgets to save the GL
information. To solve this problem, the user is required to return to the GL function and click “View”
to proceed. As the debit and credit numbers are displayed, the user is suggested to click “Save” to
complete each monthly account and the status “DPR” will be changed to “RDY” immediately.
According to the following example, as the 5-year DP is shown on the left-hand side, the status
“RDY” will remain the same. Meanwhile, on the right-hand side, User Define unveils the 2-year DP
and the status will be “EXP”.

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