Business

User Tools

Site Tools

Trace: • Actual Extract Automatic Crosswalks • Extra Duty - HRS3400 • Asset Management Annual Process • ASCENDER - Process 1095 Forms • Responsibilities - Quick Reference Chart
academy:business_assetmanagement_assetmanagementprocess

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision		Previous revision
academy:business_assetmanagement_assetmanagementprocess [2022/02/22 18:02] – emorenoacademy:business_assetmanagement_assetmanagementprocess [2022/06/29 13:18] (current) – emoreno
Line 6: Line 6:
 </WRAP> </WRAP>
  
 +<WRAP round intro>The purpose of this document is to guide you through the process of managing asset records and performing end-of-year procedures for Asset Management.
  
-<WRAP round intro>This process provides you with information about managing asset records and performing end-of-year procedures for Asset Management. +This document assumes you are familiar with the basic features of the ASCENDER Business system and have reviewed the [[academy:business_overview_guide|ASCENDER Business Overview guide]].
- +
-This guide assumes you are familiar with the basic features of the ASCENDER Business system and have reviewed the [[academy:business_overview_guide|ASCENDER Business Overview guide]].+
 </WRAP> </WRAP>
 +
 +{{page>general:image_example_message}}
 +
  
 [[general:assetmanagementsummary_quickchecklist|Asset Management Summary Quick Checklist]] (prints separately) - This is a one-page quick checklist of the following steps.   [[general:assetmanagementsummary_quickchecklist|Asset Management Summary Quick Checklist]] (prints separately) - This is a one-page quick checklist of the following steps.  
Line 23: Line 25:
  
   * ++Verify object/sub-object codes.|{{page>general:assetmanagement_eoysummary1&inline}}++   * ++Verify object/sub-object codes.|{{page>general:assetmanagement_eoysummary1&inline}}++
-  * ++Extract to Asset Management.|{{page>general:assetmanagement_eoysummary2&inline}}++ +  * ++Extract data to Asset Management.|{{page>general:assetmanagement_eoysummary2&inline}}++ 
  
 **Asset Management**  **Asset Management** 
Line 35: Line 37:
  
   * ++(Optional) Verify automatic numbering.|{{page>general:assetmanagement_eoysummary3&inline}}++   * ++(Optional) Verify automatic numbering.|{{page>general:assetmanagement_eoysummary3&inline}}++
-  * ++Import/add asset items from the Finance.|{{page>general:assetmanagement_eoysummary4&inline}}++ +  * ++Import/add asset items from Finance.|{{page>general:assetmanagement_eoysummary4&inline}}++ 
   * ++(Optional) Generate the Campus Room Inventory Report.|{{page>general:assetmanagement_eoysummary5&inline}}++    * ++(Optional) Generate the Campus Room Inventory Report.|{{page>general:assetmanagement_eoysummary5&inline}}++ 
   * ++Update asset items.|{{page>general:assetmanagement_eoysummary6&inline}}++    * ++Update asset items.|{{page>general:assetmanagement_eoysummary6&inline}}++ 
Line 48: Line 50:
  
  
-  * ++Generate the Status Report|{{page>general:assetmanagement_eoysummary8&inline}}++  +  * ++Generate the Status Report.|{{page>general:assetmanagement_eoysummary8&inline}}++  
-  * ++Enter sale information for Capital Assets|{{page>general:assetmanagement_eoysummary9&inline}}+++  * ++Enter sale information for capital assets.|{{page>general:assetmanagement_eoysummary9&inline}}++
   * ++Generate the Capital Assets/Inventory Listing, Auditor Analysis, and Property Class Listing Reports.|{{page>general:assetmanagement_eoysummary10&inline}}++   * ++Generate the Capital Assets/Inventory Listing, Auditor Analysis, and Property Class Listing Reports.|{{page>general:assetmanagement_eoysummary10&inline}}++
   * ++If report totals match, perform depreciation calculations.|{{page>general:assetmanagement_eoysummary11&inline}}++    * ++If report totals match, perform depreciation calculations.|{{page>general:assetmanagement_eoysummary11&inline}}++ 
   * ++If requested by auditor, generate the Depreciation Detail Schedule report.|{{page>general:assetmanagement_eoysummary12&inline}}++    * ++If requested by auditor, generate the Depreciation Detail Schedule report.|{{page>general:assetmanagement_eoysummary12&inline}}++ 
 +  * ++Run the Historical Depreciation Schedule Inquiry|{{page>general:assetmanagement_eoysummary12b&inline}}++ 
  
  
Line 65: Line 68:
  
  
-  * ++Verify current and next fiscal years exist in the fiscal year table.|{{page>general:assetmanagement_eoysummary13&inline}}++  +  * ++Verify current and next fiscal years exist in fiscal year table.|{{page>general:assetmanagement_eoysummary13&inline}}++  
-  * ++Copy the current file ID (C) to a new file ID for historical purposes.|{{page>general:assetmanagement_eoysummary14&inline}}++ +  * ++Copy current file ID (C) to new file ID for historical purposes.|{{page>general:assetmanagement_eoysummary14&inline}}++ 
  
 <WRAP center round important> <WRAP center round important>
Line 74: Line 77:
  
   * ++Roll over depreciation distribution funds.|{{page>general:assetmanagement_eoysummary15&inline}}++     * ++Roll over depreciation distribution funds.|{{page>general:assetmanagement_eoysummary15&inline}}++  
-  * ++Perform a mass delete of all asset items that have been deleted, sold, or entered in error.|{{page>general:assetmanagement_eoysummary16&inline}}++  +  * ++Mass delete asset items deleted, sold, or entered in error.|{{page>general:assetmanagement_eoysummary16&inline}}++  
   * ++Initialize audit tables. |{{page>general:assetmanagement_eoysummary17&inline}}++     * ++Initialize audit tables. |{{page>general:assetmanagement_eoysummary17&inline}}++  
   * ++Create export of file ID C.|{{page>general:assetmanagement_eoysummary18&inline}}++        * ++Create export of file ID C.|{{page>general:assetmanagement_eoysummary18&inline}}++     
academy/business_assetmanagement_assetmanagementprocess.1645552949.txt.gz · Last modified: 2022/02/22 13:02 (external edit)

Page Tools

Except where otherwise noted, content on this wiki is licensed under the following license: CC Attribution-Share Alike 4.0 International

Americans with Disabilities Act (ADA) and Web Accessibility

The Texas Computer Cooperative (TCC) is committed to making its websites accessible to all users. It is TCC policy to ensure that new and updated content complies with Web Content Accessibility Guidelines (WCAG) 2.0 Level AA. We welcome comments and suggestions to improve the accessibility of our websites. If the format of any material on our website interferes with your ability to access the information, use this form to leave a comment about the accessibility of our website.