Capital Assets Configuration Overview

Use the Capital Assets Configuration window to define values that will be used throughout the Capital Assets module — including setting the depreciation frequency, the capital assets tracking fund, asset sites, categories, and elements for general ledger transactions.

Note: You'll set the capital items dollar threshold amount in Purchasing Configuration.

Once set, this information only needs to be updated and/or verified during the fiscal year end rollover.

Click on the links below for instructions. Use the:

• General tab to set values used throughout the module.

• Asset Sites tab to define locations for assets — including sites, buildings, and rooms.

• Asset Categories tab to define asset types, along with the default values for useful life and any additional subcategories for categorizing assets. You'll also define the depreciation, asset, and accumulated depreciation controlling element values for each category.

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