Manually Editing Asset Records
Enabling the Allow Asset Value Editing preference on the Fixed Assets Management System Setup page, gives administrators full permission to edit asset record values. Other roles can also edit values if their roles are selected in the User Roles field on the same page.
If the Allow Asset Value Editing box isn't checked, most fields on the asset record can't be edited. See Restricting the Editing of Asset Values for a list of fields that cannot be edited.
To enter negative values in asset records, you must check the Allow Negative Asset Cost box on the Fixed Assets Management System Setup page.
When an asset record is set to inactive, the depreciation schedule values for the asset’s accounting and tax method are deleted to prevent it from depreciating.
Due to a system limitation, forecast amounts aren't deleted if you check the Inactive box from the Asset List view (Fixed Assets > Lists > Assets). To make sure that forecast amounts for inactive assets are deleted, check the Inactive box from the Edit view of the asset record.
Related Topics
- Fixed Assets Management Overview
- Setting Up the Fixed Assets Management System
- Alternate Methods (Tax Depreciation Methods)
- Creating Asset Records through CSV Import
- Updating Asset Records Using CSV Import
- Manually Editing Asset Records
- Restricting the Editing of Asset Values
- Adding Tax Depreciation Methods to an Asset
- FAM Alternate Depreciation Sublist
- Depreciation Methods
- Depreciation History Subtab
- Triggering the Asset Reset Process