Overview:
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- Track asset-related costs like repair labor, fuel, lube, and replacement parts for each individual asset.
Benefits:
- Provides the ability to track locations of Fixed Assets within PENTA.
- Provides the ability to charge the usage of a fixed asset to Jobs/Work Orders.
- Provides the Ability to track multiple depreciation bases in PENTA.
- Provides the ability to asses an Asset's profitability over the entire life of an asset
Roles:
- Accounting Manager
- Accounting Clerk
- Fixed Asset Manager
- Controller CFO
- Assistant Controller
Additional Content
- Add additional content here as needed
- Example: Video may not cover the details of on us information in the bank account information window. A link to a KCS article should be listed that contains that detailed information that is relevant to this topic
Location:
- Equipment and Fixed Assets> Window Descriptions> Asset Information
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- /wiki/spaces/KCSDEV/pages/5542282
- Select Correct Depreciation Method for Fixed Asset
- System Options relevant to Asset Information
- 194 = Determines whether Parent/Child Assets must have the same OU
- 195 = Determines whether or not PENTA will calculate Depreciation for an Asset if no "In Service Date" is set up for that Asset
- 219 = Determines the date for which PENTA will begin Depreciation Calculations. The choice is between the Asset's "In Service Date" vs the Beginning of the Accounting Period
- 248 = Determines whether PENTA Depreciates the Asset based on Original Cost or Book Value
Location:
- Fixed Asset Management> Asset Information
Video:
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