Allow Zero Value Assets For EAM Documents

Use the drop-down list box to specify whether assets with zero value can be capitalized for “Enterprise Asset Management” documents. You can select from “Yes” or “No”. The system displays “No” by default on launch of the page.

Allow FB Closure Before Inventory Completion

Use the drop-down list box to specify whether finance book can be closed before inventory completion. You can select from “Yes” or “No”. The system displays “No” by default on launch of the page.

Allow Downward Revaluation

Use the drop-down list box to specify whether assets can be revalued with the revaluation type as “Downward” revaluation. You can select from “Yes” or “No”. The system displays “No” by default on launch of the page.

Automatic Creation of Asset ID (Part A)

Use the drop-down list box to specify whether asset numbers are automatically generated with the asset class code as prefix, in the “Asset Capitalization” business component. You can select from “Yes” or “No”. The system displays “No” by default on launch of the page.

Currency Validation Required For Asset Budget

Use the drop-down list box to specify whether the asset proposal is to be raised in the same currency in which the  budget is raised. You can select from “Yes” or “No”. The system displays “No” by default on launch of the page.

Retirement Proposal Not Required For Amounts Below

The minimum value of an asset above which a retirement proposal for the asset can be created (Decimal). The value entered here must be greater than zero.

Exchange Rate Type For Asset Management

Use the drop-down list box to select the exchange rate type based on which exchange rates will be retrieved in all the business components of the “Fixed Assets Management” business process chain. All the exchange rate types that have been defined for the login organization unit will be available for selection. The system displays the first value by default on launch of the page.