Fixed Assets Management System

Iris Lee

Fixed Assets System Structure…..…….5 minutesFixed Assets System Structure…..…….5 minutes

Fixed Assets Common Data……….…..10 MinutesFixed Assets Common Data……….…..10 Minutes

Fixed Assets Functions…………....…..80 minutesFixed Assets Functions…………....…..80 minutes1. Assets Maintenance1. Assets Maintenance

2. Assets Transactions2. Assets Transactions

3. 3. DepreciationDepreciation

4. 4. Inventory TakingInventory Taking

5. 5. Investment AllowancesInvestment Allowances

6. 6. Tax-Free Assets ManagementTax-Free Assets Management

7. Bank Mortgage Setting

8. Insurance Data Management

9. Interest Capitalization

10. Mold Management

11. Instrument Management

Topic

Assets TransactionsSell, Capitalize, TransferImprove, 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 MaintenanceBatch Generate

Asset Sheetafap100

Maintain Asset Sheet Data

afai101

Carry Entry Sheet to Assetafap110

Fixed Asset Capitalization

afat101

AP

Maintain Fixed Assetafai100

ManuallyEntry

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 CategoryAdm. Dept. Finance Dept. Mfg. Dept.

10% 15% 85%

Depreciate Acct. 60001

Depreciate Acct. 60002

Depreciate Acct. 60000

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)

ReportsReports

Base Data

Transactions

Value-Deduction Preparation

DepreciationDepreciationAuto 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 ProcedureAssets Data Assets

Transactions

Re-Amortize?

Carry Asset Voucher to G/L

afap302 End of Month Carry forwardafap304

Auto Amortize Depreciation

afap300

Y

N

Re-Amortize after Depreciated

afai102

Gen Depreciation Entry Sheet

afap120

Maintain Depreciation Entry

afai104

DepreciationReports

Fixed Asset Inventory Taking

Generate Inventory Taking

afap600

Manually Taking

Inventory Taking Dataafat600

Post Inventory Takingafap610

Fixed Asset Inventory Taking List

afar610

F.A Inv.Taking Diff Anal.Report

afar620

Investment AllowancesInvestment Allowances

Applicationafat700

Invest. Cr Application Set Formafar750

Authority Approvalafap700

IRA Approvalafap710

Investment Allowances Surcharge

afat710

Select Allowance Start Year

afat720

Investment AllowancesReports

Tax-Free Assets ManagementAsset Tax-Free

Applicationafat800

Approval for Operatingafap800

Approval for Tax-Freeafap810

Maintain Fixed Asset

afai100

Print Tax-Free Listafar800

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