Few New Requirement changes in Asset Category and Asset

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  1. Asset Finance book Table should have an additional field “Value after Depriciation in percentage”. This wil help in an organization any Asset financebook to be derived from Asset Category (as is the case now) along with this additional field and also set the value after deprication as a percentage of the Purchase receipt value. Organization can have flexibility to define in the value after deprication as percentage for entire asset category.

  2. Asset movement with purpose transfer has asset movement only for place or location but employee transfer cannot be done. Asset movement should also include the employee ownership transfer.

  3. Asset Depriciation as of now should be manually triggerred to create Journal entry. In organization with 100+ assets these manual activity can be error scenarios with some JVs not passed.

1 Like
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Wish to make a change request around the Asset depriciation enhancement. please point out any related changes that will add value

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In Accounts setting the “Book Asset Depriciation Entry automatically”, when set #3 is taken care.
( 1. Asset Depriciation as of now should be manually triggerred to create Journal entry. In organization with 100+ assets these manual activity can be error scenarios with some JVs not passed.)

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This would be a really helpful feature