Requesting Intangible Asset Purchases

  To request intangible assets:

1. Open data form 05. New Intangible Asset Requests (see Logging On and Accessing Capital Asset Planning).

   A composite data form displays for creating intangible asset requests (bottom) and amortization and other related expenses (top).

2. Right-click an asset class, and select Add New asset.

   If no assets exist, this message displays:

   There are no valid rows of data for this data form.

   If this occurs:

   1. Right-click the message.

   2. Select Add New Asset.

3. Enter details such as asset class, description, number of requests (for multiple requests of same value), justification, acquisition cost, additional charge, purchase date, in-service date, and salvage value.

4. Click Finish.

5. To view amortization calculations:

   1. Right-click an asset line item, and select Profit and Loss Impact.

   2. In the amortization form, select the year, and click GO.

6. Optional: You can

   • Review profit and loss impact

   • Review balance sheet impact

   • Review cash flow impact

   • Calculate intangible

   • Remove assets