Setting Up Fixed Assets

QAD 2017 Enterprise Edition > User Guides > Fixed Assets > Setting Up Fixed Assets

This chapter discusses the data that must be configured before you can manage fixed assets.

Overview
Introduces the key areas to configure.

Intercompany Accounts
Describes how Fixed Assets treats intercompany accounts.

Setting Up Control Parameters
Configure Fixed Assets control parameters.

Setting Up Business Rules
Define your accounting needs and customize Fixed Assets to meet these.

Setting Up Methods
Specify the depreciation methods that your company uses.

Depreciation Methods and Conventions
Describes the ways in which depreciation is calculated.

Creating Meters
Create meters to measure asset usage.

Overview

Before you can add fixed assets to the system, you must define:

• Intercompany accounts

• Settings in Fixed Asset Control

• Business rules

• Meters for the units‑of‑production depreciation method (optional)

If your company used the Fixed Assets module with QAD applications prior to MFG/PRO 9.0, you must convert your fixed‑asset data before setting up and using the new Fixed Assets module. See your conversion guide for instructions.