The Asset Manager module is part of the company workspace. It is used to manage assets and depreciation. You can track assets and depreciation on their associated asset sheets.
The Asset Manager allows you to:
- Create, organize, and manage company assets
- Define an unlimited number of asset classes, and design an asset attribute form per asset class
- Create assets manually, using templates, or importing
- Apply multiple asset depreciation methods: straight line, double decline, sum of years digits, manual
- Track the asset’s total cost of ownership: roll up maintenance-related costs from projects or company level business processes to specific company account codes
The Asset Manager uses the three most common depreciation methods:
- Straight line
- Double decline, or sum of year digits
- Manual depreciation
Irrespective of method, asset depreciation is calculated for the entire life of the asset over whatever period you specify. For example, if an asset is depreciating over two years and you specify a monthly depreciation increment, then the asset’s value will be recalculated each month for two years from the date of acquisition.
Asset Classes: Assets are grouped in classes (for example, buildings, equipment, etc.). The detail forms that are used to enter asset information can be designed in uDesigner, per class. For example, you can design and use different forms for entering information about your company’s building assets and equipment assets. Each asset exists as a unique record.
Asset Codes: Asset codes are generated automatically when assets are created. The asset code will be built using different data elements defined on the asset form as segments. At runtime, the asset code is built automatically based on the data element values selected. A tree structure is automatically built to access these assets based on the asset codes. Assets with the same segment values will be grouped together to form a hierarchy.
Asset Sheets: You can track assets and depreciation on asset sheets. There is one asset sheet per class, listing details about each asset in that class, plus an asset summary sheet, which helps you track all of your assets in one place. User permissions are granted per asset class or sheet. If you cannot view any part of the Asset Manager to which you require access, contact your company administrator.
For information about language (internationalization) and CSV files refer to Unifier General User Guide.