Account

1. Contra/Clearing Account

Specify the contra/clearing account that you will use to balance or offset depreciation cost for your asset rental. You must enter the account in the business unit.object.subsidiary format.

If you leave this processing option blank, the system uses the accounting details of the asset from the Equipment Master table(F1201).

2. To Object Account

Specify the object account to where the system moves the asset depreciation cost. The object account is the portion of a general ledger account that refers to the division of the Cost Code (for example, labor, materials, and equipment) into subcategories. For example, you can divide the Cost Code for labor into regular time, premium time, and burden.

If you leave this processing option blank, the system uses the object account of the asset from the Equipment Master table(F1201).

3. To Subsidiary

Specify a subset of the object account that you entered in the Object Account processing option. Subsidiary accounts include detailed records of the accounting activity for an object account.

If you leave this processing option blank, the system uses the subsidiary details of the asset from the Equipment Master table(F1201).