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12.1.2. Asset Management

To configure asset management, go to Accounting > Setup > Configure > Asset Management. The following screen will appear:

Configure Asset Management

The Asset Management screen includes the following options:

Next Maintenance Order #

Define the maintenance order number range, or use the default.

Maintenance Parts Expense

Indicate how you want parts to be expensed when posting these parts against a maintenance order:

Use Item Cost Category Expense

Select to use the expense account defined on the item's cost category.

Use Item Cost Category Expense (with Manual Override)

Select to use the expense account defined on the item's cost category, but allow for manual overrides of that account.

Use Default Expense Category

Select to use a default expense category.

Default Expense Category

Click on the magnifying glass to locate the desired expense category. The default expense category is used when posting any parts to the ledger and defines which ledger account parts are expensed to when consumed.

Create Task items and alarms

Select this option to add maintenance orders as task items and to set an alarm for them as needed.