Asset Movements

Viewing Asset Movements

To view Asset Movements that are on the system, select Asset Movements option either from the pulse menu -

Note

This is an example screen shot of the pulse menu.

Position of the menu items within pulse will vary according to available options and dependant on personal screen resolution.

or select Asset then Movements on the Main Menu -

or enter Asset Movements from the Quick Launch Side Menu -

This will then show all the Asset Movements on the system.

Asset Movement options

For an Asset to have any Movement against it, it must be Capitalised - that is it must be stated on the Balance sheet as an Asset. Select Capitalise button once the Asset has been created.

Once the Asset has been Capitalised, it can be moved or disposed of in various ways. Open the Asset and select the appropriate disposal method via the dropdown arrow button -

The different options are -

• Extraordinary depreciation - adding an extra depreciating value

  

  • Enter the Reason for the extraordinary depreciation.
  • Enter an Extraordinary depreciation net amount (positive amount).

  Note

  This will now repopulate the depreciation book because the Asset has less depreciation value.

  See Depreciation book tab in the Viewing Asset User Guide.

• Revalue - Change value of the Asset

  

  • Enter the Reason for changing the value.
  • Enter the Net difference in the Asset value (a negative amount if it is worth less and a positive amount if it is worth more).

• Impair - reduce value due to, for example, damage to the Asset

  

  • Enter the Reason for reducing the value.
  • Enter the Impairment Net amount (enter a positive amount, it automatically knows this will be a reduction).

• Write-off - writing off the Asset to the current netbook value and fully depreciating.

  

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