Asset Values Record

Each asset record has a corresponding asset values record to store the values that are updated when you depreciate the asset. Whenever you create an asset record, manually or from transactions, the system automatically creates its asset values record.

To speed up the depreciation, the system updates only the asset values record when you depreciate an asset. The asset record's depreciation fields update as well because they source values from the asset values record.

To view the asset values records, go to Customization > Lists, Records, & Fields > Record Types. On the Record Types page, click List next to FAM Asset Values.

Warning:

Manually making changes to the asset values record may cause issues with your Fixed Assets records.

Note:

Starting with Fixed Assets Management 19.1, the system removes depreciation fields from asset records with missing asset values. If you need to restore this information, see Recovering Asset Values.

Related Topics

General Notices