Fixed Assets Accounts Edit MFDD

Use this screen to create or amend the accounts that an asset will post to throughout it's life cycle. Accounts will initially default based on controls set at the Group / Category level initially.

You must enter the following fields:

Depn Charge

Indicates the depreciation charge account for the asset. This is a General Ledger Profit and Loss Account.

Asset Cost

Indicates the General Ledger Balance Sheet account for the posting of the asset valuation amount when any valuation record is written, for example, initial valuation or revaluation.

Depn Provision

Indicates the General Ledger Balance Sheet depreciation account for the posting of the depreciation when any valuation record is written. When an asset is depreciated, a provision is normally made for its replacement.

Gain/Loss on Sale

Displays the General Ledger Profit and Loss Account used for the posting of the Profit or Loss for disposed assets.

Reval Reserves

The General Ledger Balance Sheet account for postings when an asset is revalued, or a revalued asset is disposed of or transferred.

Reval P/L Expense

Holds the General Ledger Profit and Loss Expense account for revaluation. This account is defined at the Category level. The Category accounts are the default accounts to be used for revaluation postings on assets. They can be overridden at the Asset Account level.

Reval P/L Income

Holds the General Ledger Profit and Loss Income account for revaluation. This account is defined at the Category level. The Category accounts are the default accounts to be used for revaluation postings on assets. They can be overridden at the Asset Account level.

Impairment Reserves

Holds the GL Impairment account for Reserves. This account is defined at the Category level. The Category accounts are the default accounts to be used for Impairment Reserve postings on assets as determined by the setting on FA Company Controls. They can be overridden at the Asset Account level.

Impairment Charge

Holds the GL Impairment account for Charges. This account is defined at the Category level. The Category accounts are the default accounts to be used for Impairment Charge postings on assets as determined by the setting on FA Company Controls. They can be overridden at the Asset Account level.

Def/Ovrd

Displays the appropriate Override indicator for the asset account. This indicates whether the asset account is the default setting for the asset or not.

Rest Mgmt Ovrd

Displays whether the management code override is permitted. Set indicates Restrict. Blank indicates Do Not Restrict. By restricting the override the default category management code is displayed as the substituted management code, if no restriction is applied the asset management code is displayed as the substituted management code.

Screen Specific Actions

Action	Use
VALUATIONS LIST	Click Valuations \| List to go to a list of valuations MFEA for a selected Asset.
VALUATIONS INIT VALUATION	Click Valuations \| Init Valuation to insert the initial valuation for a specific asset. You will be taken to screen MFEB where details of the initial valuation can be entered.
VALUATIONS INIT CORRECTION	Click Valuations \| Init Correction to insert the initial correction for a specific asset. You will be taken to screen MFEB where details of the initial correction can be entered.
VALUATIONS ADDITIONAL VALUE	Click Valuations \| Additional Value to insert an additional value for a specific asset. You will be taken to screen MFEB where details of the additional value can be entered.
VALUATIONS REVALUATION	Click Valuations \| Revaluation to insert a revaluation for a specific asset. You will be taken to screen MFEB where details of the revaluation can be entered.
VALUATIONS RELIFE	Click Valuations \| Relife to insert a relife for a specific asset. You will be taken to screen MFEB where details of the relife can be entered.
DISPOSALS LIST	Click Disposals \| List to view a list of disposals for a specific asset. You will be taken to screen MFMA showing the disposals.
DISPOSALS INSERT FULL	Click Disposals \| Insert Full to insert a full disposal for a specific asset. You will be taken to screen MFMB where you can enter disposal details.
DISPOSALS INSERT PARTIAL	Click Disposals \| Insert Partial to insert a partial disposal for a specific asset. You will be taken to screen MFMB where you can enter disposal details.
TRANSFERS LIST	Click Transfers \| List to view a list of transfers for a specific asset. You will be taken to screen MFMC showing the disposals
TRANSFERS INSERT FULL	Click Transfers \| Insert Full to insert a full transfer for a specific asset. You will be taken to screen MFMD where you can enter transfer details
TRANSFERS INSERT PARTIAL	Click Transfers \| Insert Partial to insert a partial transfer for a specific asset. You will be taken to screen MFMD where you can enter transfer details.
GO LONG DESCRIPTION	Click Go \| Long Description to change the long description
GO USER ANALYSIS	Click Go \| User Analysis to change the basic details of the asset using screen MFDB.
GO ASSET	Click Go \| Asset to go to the asset maintenance screen MFDB to amend asset details.
GO SPLIT ANALYSIS	Click Go \| Split Analysis to transfer to the Split analysis Screen MFDE. You can enter a list of accounts with either a percentage split or quantity split on this screen.
GO LINKED ENQUIRY	Click Go \| Linked Enquiry to transfer to Accounts Payable Transaction enquiry. If the selected asset has been sourced from Accounts Payable, then the original invoice details will be displayed.
FETCH RETRIEVE	Click Fetch \| Retrieve to copy the account details to this asset from an existing asset on the system. A dialogue box will be presented into which you must provide the asset number and version from which accounts are to be copied. Click Fetch \| Retrieve again to complete the copy.

If not described elsewhere in this topic, click in the field and press F1 to view a description. See Common Fields for more information.

Fast prompt allows you to quickly view a list of options for certain fields.

NOTE Field visibility can be defined by your System Administrator, so not all fields documented may be shown.

See Using the Command Line on opening the screen without going through the menu.