How do I depreciate assets?
Use Depreciate Assets to allocate the cost of an asset over the life of the asset. Depreciation is applied against the selected assets based on the asset's depreciation schedule. The depreciation amount that is applied to the transaction is adjusted by the frequency that is selected in the Organization table.
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How do I depreciate assets for prior years?
Use the Prior Years Option to set up the routine to calculate depreciation on the fiscal years preceding the current year. Depreciating assets for prior years 1. Open Connect Asset Management > Organization > Depreciate Assets. 2. Set up the Asset ...
How do I depreciate assets for the current year?
Use Depreciate Assets to allocate the cost of an asset over the life of the asset. Depreciation is applied against the selected assets based on the asset's depreciation schedule. The depreciation amount that is applied to the transaction is adjusted ...
Related Assets Report
A Related Assets Report identifies assets that are linked or associated with one another in the system. These relationships help track assets that function together, were acquired together, or are connected for accounting and management purposes. ...
Related Assets Report
A Related Assets Report identifies assets that are linked or associated with one another in the system. These relationships help track assets that function together, were acquired together, or are connected for accounting and management purposes. ...
How do I manage pending assets?
Connect can create a pending asset when you import assets from a non-Caselle application, when you record an invoice for an asset in the Accounts Payable application, or when a job is closed in Project Accounting. A pending asset is an asset that is ...