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Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc.

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Page 1: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Fixed Assets

ANUA 2011, Ft. Lauderdale

education solutions development inc.

Page 2: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Main Features

• Creating Assets

• Maintaining Assets

• Search for Assets

• Posting Assets to GL

• Deleting Assets

• Physical inventory

• Reports

• Biz 2.0-New Features

Fixed Assets

Page 3: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Creating Assets

• Automatic creation using purchase receiving

• Threshold limit

• Object based

• Skeleton records for review

• Manual Entry

• Cloning an existing item

Fixed Assets

Page 4: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Maintaining Assets

• Changes on Asset Maintenance screen

• Special security to allow school to change room on assets.

• Upgrades

• Change cost on the existing records – subsequent depreciation on modified cost

• create a new record and link to existing one by assembly no.

• Change Log

Fixed Assets

Page 5: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Search for Asset

• Asset Inquiry screen

• Search on various criteria.

• Save to File

• Print

Fixed Assets

Page 6: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Posting Asset to GL

• Depreciation

• Based on remaining cost and useful life

• Disposal

• GASB 34 exhibit K

• By Asset Type

• Beginning balance

• Additions

• Deletions

• Depreciation

• Can be used to POST Fixed Asset s to GL (Manual JE)

Fixed Assets

Page 7: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Physical Inventory

• Scanner Interface

• Fixed Asset Physical Inventory Update to load scanned data.

• Produce location mismatch report

• Missing Assets in the system

• Option to update the mismatched data.

Fixed Assets

Page 8: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Key Reports

• Asset List by Location

• Fixed Asset Depreciation Details

• Fixed Asset Year End Summary(exhibit K)

• Fixed Assets Addition and Retirement

• Payment from capital objects

Fixed Assets

Page 9: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Biz 2.0 New Features

• Search Criteria enhanced with Advanced Search

• Redesigned Fixed Asset Detail Screen

• Option for separate skeleton and permanent asset number

• Mass Clone

• Mass Replace

• Improved Asset Deletion Process

• Asset Upgrade

• Complete General Ledger Interface

• Acquisition, Asset and Depreciation Accounts for each Item

• Acquisition Object to Asset Type

• Asset Type to Asset and Depreciation Accounts

• Class Code to Asset and Depreciation Accounts

• Combined Asset Addition and Payment Report for easy Reconciliation

Fixed Assets

Page 10: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Biz 2.0 – Search

• Search Criteria enhanced with Advanced Search

• Redesigned Fixed Asset Detail Screen

• Option for separate skeleton and permanent asset number

• Mass Clone

• Mass Replace

• Improved Asset Deletion Process

• Asset Upgrade

• Complete General Ledger Interface

• Acquisition, Asset and Depreciation Accounts for each Item

• Acquisition Object to Asset Type

• Asset Type to Asset and Depreciation Accounts

• Class Code to Asset and Depreciation Accounts

• Combined Asset Addition and Payment Report for easy Reconciliation

Fixed Assets

Page 11: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Biz 2.0 – Asset Details

• Search Criteria enhanced with Advanced Search

• Redesigned Fixed Asset Detail Screen

• Option for separate skeleton and permanent asset number

• Mass Clone

• Mass Replace

• Improved Asset Deletion Process

• Asset Upgrade

• Complete General Ledger Interface

• Acquisition, Asset and Depreciation Accounts for each Item

• Acquisition Object to Asset Type

• Asset Type to Asset and Depreciation Accounts

• Class Code to Asset and Depreciation Accounts

• Combined Asset Addition and Payment Report for easy Reconciliation

Fixed Assets

Page 12: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Biz 2.0 – Mass Clone Screen

Fixed Assets

Page 13: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Biz 2.0 – Mass Update

Fixed Assets

Page 14: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Biz 2.0 – Payment Reconciliation Report

Fixed Assets

Page 15: ANUA 2011, Ft. Lauderdale INTRO Fixed Assets ANUA 2011, Ft. Lauderdale education solutions development inc

ANUA 2011, Ft. Lauderdale

Biz 2.0 – FA Payment Reconciliation Report

Fixed Assets