Easy OnBoarding Fixed Assets Course Overview Introduction to

Easy On-Boarding Fixed Assets

Course Overview • Introduction to Fixed Assets • Business Considerations • Process Fixed Assets

Easy on-Boarding What are Fixed Assets

Easy on-Boarding Basic Asset Life Cycle Acquisition Periodic Accounting Supplier Accumulation of Depreciation Expense Disposal FA-IN 060

Easy on-Boarding Fixed Asset Users QAD Enterprise Applications Track fixed assets Calculate periodic depreciation Accounting Post depreciation expense Retire assets Transfer an asset Generate reports Management Analyze asset reports

Easy On Boarding Business Considerations

Easy on-Boarding Fixed Asset Concepts • • • Fixed Asset Calendar Books Depreciation Method Conventions Classes Asset Locations

Easy on-Boarding Depreciation Methods • • • Straight-Line Units of Production Declining Balance Sum-of-the-Year’s Digits Flat Rate Custom Table - User defined

Easy on-Boarding Conventions • • • Full Period Half Period Next Period Full Quarter Half Quarter Full Year Half Year Modified Mid Year Version 1 Modified Mid Year Version 2

Easy On Boarding Process Fixed Assets 10

Easy On Boarding Fixed Assets Process 11

Easy On Boarding Fixed Asset Batch Maintenance

Easy On Boarding Fixed Asset Maintenance Header Fixed Asset Header Option Books Depreciation Books Detail Asset Component Maintenance

Easy On Boarding Fixed Asset Maintenance

Easy On Boarding Option Accts Retire Tran Comments User Insure Asset Account Maintenance Retire Asset Transfer Transaction Comments User Field Maintenance Insurance Data Books Depreciation Books

Easy On Boarding Fixed Asset “Option”

Easy On Boarding Asset Account Maintenance

Easy On Boarding Retire

Easy On Boarding Transfer

Easy On Boarding Transaction Comments

Easy On Boarding User Field Maintenance

Easy On Boarding Insurance Data

Easy On Boarding Depreciation Books Adjust Non-posted Asset Depreciation Books Detail Audit UOP Book Detail Depreciation Query Units of Production Detail Actual Depreciation Schedule Posted Asset Depreciation Adjustments

Easy On Boarding Depreciation Books

Easy On Boarding Depreciation Adjustment

Easy On Boarding Book Detail

Easy On Boarding Depreciation Query

Easy On Boarding Units of Production

Easy On Boarding Asset Component Maintenance Split

Easy On Boarding Asset Component Maintenance

Easy On Boarding Split

Easy On Boarding Fixed Asset Transaction Post

Easy on-Boarding GL Transactions in Fixed Assets – Asset Acquired Asset Acquisition Cost Construction in Process Acquisition Cost

Easy on-Boarding GL Transactions in Fixed Assets – Depreciation Periodic Expense Depreciation Accumulated Expense Depreciation

Easy on-Boarding GL Transactions in Fixed Assets – Asset Retired Asset Accumulated Expense Acquisition Cost Asset Suspense Sale Amount Accumulated Depreciation Gain or Loss on Disposal Loss Gain

Easy on-Boarding GL Transactions in Fixed Assets – Asset Transfer Asset Acquisition Cost New Location Old Location Accumulated Expense Accumulated Depreciation In same Entity, different locations

Easy on-Boarding GL Transactions in Fixed Assets – Asset Transfer Intercompany Asset Intercompany Account Acquisition Cost Accumulated Depreciation Acquisition Cost New Entity Old Entity Accumulated Expense Asset Intercompany Account Accumulated Depreciation Between Two Entities Accumulated Expense Accumulated Depreciation