Visma Net
About fixed asset types
The fixed assets can be one of the following types:
- Land, buildings, equipment, vehicles, furniture, fixtures
(tangible assets or those that have physical substance) - Copyright, goodwill, computer software, patents
(Intangible assets or those that have no physical substance)
In Visma Net, you need to specify an asset type for each fixed asset that you create in the system in the Fixed assets (FA303000) window. Specifying an asset type allows you to organise all your fixed assets by their function.
You must also specify an asset type for each fixed asset class that you create in the system by using the Fixed asset classes (FA201000) window because a fixed asset class allows you to group fixed assets with a similar properties (which includes the asset type as well).
Predefined asset types
When you create a fixed asset in the Fixed assets (FA303000) window or a fixed asset class in the Fixed asset classes (FA201000) window, you can select an asset type from the list of predefined asset types available in the Asset type field.
The list of predefined asset types includes the following types: Building, Computers, Copyrights, Equipment, Furniture, Goodwill, Land, Machinery, Patents, Software, and Vehicle.
If the list of default asset types does not include a particular asset type that you need, you can create a new asset type manually.
Adding a new asset type
You use the Fixed asset types (FA201010) window to add a new asset type.
You
can add a new asset type, and edit or delete an existing asset type.
While creating a new asset type, you define its name with a brief description, and specify whether assets of this type are tangible or intangible (by selecting the Tangible check box).
After you have created and saved a required asset type in the system, it becomes available in the list of all asset types in the Asset type field in the Fixed assets (FA303000) window or the Fixed asset classes (FA201000) window.
Fixed asset hierarchy
In Visma Net, the fixed asset hierarchy is a group of relationships between parent and child
assets.
A fixed asset can have an unlimited number of child assets (also referred to
as components) and only one parent asset.
To build a fixed asset hierarchy, take into account what assets consist of
and how assets will be replaced at the end of their useful life.
Creating a hierarchy of fixed assets
You can use the following windows to organise the hierarchy of fixed assets: Fixed asset classes (FA201000), Fixed assets (FA303000), and Convert purchases to assets (FA504500).
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In the Fixed asset classes (FA201000) window, you can specify a parent class for a fixed asset class.
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In the Fixed assets (FA303000) window, you can select a Parent asset for the fixed asset in the top part.
If you do, the current (child) asset and its details will appear on the Components tab for the parent asset. -
An asset cannot be a parent and a child of the same fixed asset.
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You can also organise the hierarchy of fixed assets as you convert purchased items into fixed assets.
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You can specify units of items that you want to convert as components of selected assets on the Reconciliation tab of the Fixed assets (FA303000) window and in the Convert purchases to assets (FA504500) window.
Related concepts
About changes in fixed asset estimates
About fixed asset adjustment transactions
Related tasks
Change net book value of an asset
Change the salvage value of an asset
Change the useful life of an asset
Convert purchased items to components of a fixed asset
Delete an unreleased fixed asset transaction
Release a fixed asset transaction
Related windows
