Capitalization Threshold in Base Currency for Asset Purchases

Indicates the minimum value of a capital part above which capitalization of assets purchased can be made.

Allow In-service Date Prior To Capitalization Date

Indicates whether the assets can be put to use before its capitalization.

Asset Life Managed at

Indicates the level at which you want to manage asset life.  It can be at Depreciation Category level or Asset Tag level.

Level at which Assets are Mapped to Assets Group

Indicates the level at which assets are mapped to asset group as defined in the “Asset Capitalization” business component.

Capitalization Reference for Asset  purchase

Indicates the document to be referenced for capitalization.

Automatic Confirmation of

AssetClass Transfer

Indicates whether confirmation of transfer of asset class must be automatic, which could be yes or no.

Account Asset Transfer

Receipt On

Indicates the date of receipt of asset transfer which could be date of transfer or date of receipt.

Write-off CME Balance on

Overhaul

Indicates whether CME balance on overhaul is to be written off which could be yes or no.

Reversal Of CME Write-Off

Indicates whether CME write-off is to be reversed which could be yes or no.

Allocate Depreciation amount

based on Aircraft Usage

Indicates whether depreciation amount is to be allocated based on the usage of the aircraft, which could be yes or no.

Allow Modification of Usage

Info. for Depreciation

Indicates if modification of usage information is allowed for depreciation which could be yes or no

Allow FB Closure Before Inventory Completion

A specification of whether the inventory calendar must be closed before the closure of the corresponding finance book, that is, all financial entries pertaining to inventory transactions must have been posted before closing the finance book.

Allow Downward Revaluation

A specification of whether assets can be revalued with the revaluation type as “Downward” revaluation.

Automatic Creation of

Asset ID (Part B)

A specification of whether asset numbers are automatically generated with the asset class code prefix, in the “Asset Capitalization” business component.

First Number for Automatic Asset ID Creation

The first identification number in the asset identification number series for each class of assets,  generated automatically by the system.

Currency Validation Required For Asset Budget

A specification of whether the currency in which an asset budget is prepared must be validated.

Retirement Proposal Not Required For Amounts Below

The minimum value of an asset above which a retirement proposal for the asset can be created.

Exchange Rate Type For Asset Management

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.

Org. Level at which Asset Exchange and Phase out are Tracked

Indicates the level at which asset exchange / scrap has to be tracked, which could be group company level or organization unit level.

Asset Usage Tracking Required at Group Company Level ?

Indicates whether asset usage tracking is required at Group Company Level, which could be yes or no.

Basis of Identifying a Part Serial at a Group Level

Indicates whether asset usage tracking is required at Group Company Level, which could be part serial # or Manufacturer serial #.