Assets Descriptive Flexfields

You can record and track all standard asset information on the Assets pages. However, for additional asset information that you need to record for reporting purposes you can set up descriptive flexfields to record this information.

You can set up a descriptive flexfield for each asset category to collect information relevant to your business. For example, you can track the license number for cars and the square footage for buildings. When you assign a new asset to a category, you can enter the additional information in a descriptive flexfield.

The following table lists the descriptive flexfields available in Assets and their corresponding Assets pages:

Descriptive Flexfield	Associated Assets Page
Asset Category	Add Asset Edit Source Line Add Assets and Prepare Source Lines spreadsheets
Assets Invoices	Add Asset Edit Source Line Add Source Lines Change Source Lines Source Line Retirement Add Assets and Prepare Source Lines spreadsheets
Bonus Rates	Create Bonus Rule Edit Bonus Rule
Bonus Rules	Create Bonus Rule Edit Bonus Rule
Book Controls	Create Book Edit Book
Calendar Types	Create Calendar Edit Calendar
Categories	Create Category Edit Category
Category Books	Create Category Edit Category
Category Book Defaults	Create Category Edit Category
Ceilings	Create Ceiling Edit Ceiling
Convention Types	Create Prorate Convention Edit Prorate Convention
Fiscal Year	Create Fiscal Year Edit Fiscal Year
Flat Rates	Create Depreciation Method Edit Depreciation Method
Locations	Manage Locations
Methods	Create Depreciation Method Edit Depreciation Method
Retirements	Cost Retirement Unit Retirement Source Line Retirement
System Controls	Manage System Controls
Transactions	Add Asset Edit Source Line Preview Add to Asset Change Financial Details Suspend Depreciation Add Source Lines Change Source Lines Transfer Source Lines Change Category Perform Unplanned Depreciation Transfer Reserve Change Group Asset Cost Retirement Source Line Retirement Unit Retirement Transfer Asset Adjust Units Add Assets and Prepare Source Lines spreadsheets