Skip to main content

Knowledge Center

Create Fixed Assets

Add new Fixed Assets

  1. To open the Fixed Assets (FAR) application, find Finance in the RamBase menu and then Asset management. Click Fixed assets to enter the FAR application.

    clip1112.jpg

  2. Press F12 to open the action menu and choose the option Forward new Investments to Fixed Assets Register. A batch job will pick the supplier invoices registered against the investment ledger accounts.

  3. Select the documents you want a depreciation plan for by clicking the + icon to the left on the item line. When the + icon has been clicked, the item will disappear from the popup.

  4. Press Esc to return to the fixed assets menu. The new fixed asset register (FAR) documents will be listed on top of the table. They are not yet activated (St=1).

  5. Highlight the desired document (St=1) and press ENTER.

  6. Press F12 and choose the option Activate Fixed Asset (St=2).

  7. In the new popup, set the period from when the asset shall be depreciated and click the OK button. The value of the asset is now debited into a balance account.

  8. Press F12 and choose the Register Fixed Asset & Create Plan (St=3) option. The asset is now booked in your balance and a depreciation plan is made, but the depreciation is not initiated (St:3).

  9. Press Esc to return to the fixed assets menu.

  10. Press F12 and choose the option Make Depreciations to Fixed Assets.

  11. In the new popup, set the period for the depreciation. The current period is set by default.

  12. Press the + icon to the right of every item line. Press Esc. The fixed asset is depreciated for the current period (St=4).

  13. Press ENTER.

  14. Press Esc.

  15. Repeat from step 5 for all FAR documents in St:1 listed in the FAR application.

In this section: