Follow this procedure to create and maintain asset records in the Fixed Assets System:
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Choose the Asset Information to add and maintain asset records Asset records store the following data:
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Identification information
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Cost and value information
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Depreciation information
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ACFR and GASB information
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Accounting distribution information
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Use the Acquisition Interface option to create asset records from line items that are marked as fixed assets in the Purchasing System and also non-purchase order payments in the Fund Accounting System.
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Choose Physical Inventory Worksheet to take a physical inventory. option to take a physical inventory.
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Choose Inventory Edit and Post to change an asset's location, department, category, or status using a batch process for posting the changes to your database.
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Choose Transfer Register Listing option to generate a report of location or department changes made to assets.