FAM Asset Setup Subtab

The Asset Setup subtab lets you configure essential asset and accounting period preferences for Fixed Assets Management. The following table describes the available preferences for this subtab:

Asset
Run Server Scripts on CSV Import	Clear this box if you are importing records of mid-life assets. Important: Selecting this preference can enable the overriding of some values from the import file depending on the setting for a CSV import preference. See Creating Asset Records through CSV Import for the import guidelines.
Allow Asset Value Editing	Check this box to give administrators full permission to edit values in asset records. Note: Asset records cannot be edited if this box isn't checked. See Restricting the Editing of Asset Values for a list of fields that cannot be edited.
Allow Negative Asset Cost	Check this box to enable administrators (and other roles with permission to edit asset values) to enter negative values—for original cost, current cost, and residual value—in asset records. Important: You must check the Allow Asset Value Editing box before you can select Allow Negative Asset Cost. When you enter negative values in asset records, you cannot clear the Allow Asset Value Editing or Allow Negative Asset Cost box to disable either preference. The SuiteApp only supports asset depreciation for assets with negative costs. Running Depreciation Schedule Reports for assets with negative costs returns incorrect data.
User Roles	Select additional roles from this field to enable other users to edit asset values. Note: Checking the Allow Asset Value Editing box enables the User Roles list. To select two or more roles, press and hold down the CTRL key and click each role.

Asset

Run Server Scripts on CSV Import

Clear this box if you are importing records of mid-life assets.

Important:

Selecting this preference can enable the overriding of some values from the import file depending on the setting for a CSV import preference. See Creating Asset Records through CSV Import for the import guidelines.

Allow Asset Value Editing

Check this box to give administrators full permission to edit values in asset records.

Note:

Asset records cannot be edited if this box isn't checked. See Restricting the Editing of Asset Values for a list of fields that cannot be edited.

Allow Negative Asset Cost

Check this box to enable administrators (and other roles with permission to edit asset values) to enter negative values—for original cost, current cost, and residual value—in asset records.

Important:

You must check the Allow Asset Value Editing box before you can select Allow Negative Asset Cost. When you enter negative values in asset records, you cannot clear the Allow Asset Value Editing or Allow Negative Asset Cost box to disable either preference.

The SuiteApp only supports asset depreciation for assets with negative costs. Running Depreciation Schedule Reports for assets with negative costs returns incorrect data.

User Roles

Select additional roles from this field to enable other users to edit asset values.

Note:

Checking the Allow Asset Value Editing box enables the User Roles list. To select two or more roles, press and hold down the CTRL key and click each role.

Accounting Period
Post to Next Open Period if AP is Locked	Check this box to post to the next open period if AP is locked. Clear this box to post to the current period if AP is locked.
Post to Next Open Period if AR is Locked	Check this box to post to the next open period if AR is locked. Clear this box to post to the current period if AR is locked.

Accounting Period

Post to Next Open Period if AP is Locked

Check this box to post to the next open period if AP is locked. Clear this box to post to the current period if AP is locked.

Post to Next Open Period if AR is Locked

Check this box to post to the next open period if AR is locked. Clear this box to post to the current period if AR is locked.

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