1. Accounting
  2. Fixed Assets Management
  3. Creating Fixed Assets Management Records
  4. Creating Asset Records Manually
  5. Asset Usage Subtab

Asset Usage Subtab

When you save an asset record, the system automatically adds the Asset Usage subtab. This subtab records and displays an asset’s unit usage for unit-based depreciation. You can create new usage transactions on this subtab.

To enter asset usage from the Asset Usage subtab:

  1. Click New FAM Asset Usage.

  2. Provide values for the following fields:

    • Date – Enter the date of usage.

    • Period – Enter the period in which the usage took place. This could be a month, a week, an accounting period name, or any other meaningful period.

    • Units Used – Enter the number of units used.

    • Comments – Enter any comments or reference text relating to the usage.

  3. Click Save.

Related Topics

General Notices