This chapter contains these topics:
For the fixed asset program to run correctly, you must set up both general and Russia-specific Used Defined Codes (UDC). The general use UDCs are:
Major Accounting Class (12/Cx) where x is a user defined variable
Major Equipment Class (12/Cx) where x is a user defined variable
Revaluation Index (12/RI)
The Russia-specific UDCs are:
Cost Increase (74/CH)
Cost Maintenance (74/MN)
To set up the UDCs for Cost Increase (74/CH) and Cost Maintenance (74/MN), use menu G74R12, Fixed Asset.
The Major Account Class UDC table is named 12 Cx where x is a variable determined by the processing options on the P741410 program.
Set up the Major Account Class UDC to identify the type of asset being tracked. For example you might set up these values:
| Codes | Explanation |
|---|---|
| 10 | Land & Improvements |
| 20 | Buildings |
| 25 | Leasehold Improvements |
| 30 | Heavy Equipment |
| 40 | Vehicles |
| 50 | Plant Equipment |
| 60 | Furniture & Office Equipment |
| 70 | Computer Equipment |
| 90 | Other Assets |
The Major Equipment Class UDC table is named 12 Cx where x is a variable determined by the processing options on the P741410 program.
Set up the Major Equipment UDC to identify the type of equipment being tracked. For example you might set up these values:
| Codes | Explanation |
|---|---|
| BLR | Boiler |
| 01 | Motors (M) |
| 03 | Gear Reducers & Gear Box |
| 04 | Agitators |
| 05 | Hoists & Cranes |
| 06 | Conveyors |
| 07 | Scales |
| 08 | Fans & Blowers |
| 09 | ¾" Res. Water Meter |
| 10 | Gas Meters |
| 10A | ¾" Residential Water Meter |
| 10B | Residential Electric Meter |
| 10C | Generation Plant #4 |
Set up the Cost Increase UDC to identify the method of revaluation. For example you might set up these values:
| Codes | Explanation |
|---|---|
| 001 | Revaluation Table |
| 007 | Revaluation Index Code |
| 008 | Revaluation Index |
| 009 | Revaluation |
| 123 | Revaluation for Heavy Equipment |
The Cost Increase UDC must have the journal entry document types used to identify the increase in cost for the fixed asset. For example you might set up these values:
| Codes | Explanation |
|---|---|
| TR | Enhancements |