Create Fixed Assets Physical Count

Explanation

This activity is used to create a fixed assets physical count. The purpose of creating the physical count is to create the physical count report which is used when carrying out a physical count of fixed assets.

Prerequisites

In order to perform this activity, at least one object for which the inventory information has been entered in the page Fixed Asset Object/Inventory tab must exist and the object type of the object must not be Planned.

If the physical count is created with the Block Object Operations option enabled, the following prerequisites are necessary.

• The objects included in the physical count must not be included in any depreciation proposal of  the status Created or Authorized.
• Before the physical count is created, operations in the Change Net Value - Progress window and the Change Acquisition Value - Progress window that relate to objects selected for the physical count must be completed (i.e. transactions must be created for those operations).
• All the import transactions in the Post Imported Object Transactions window relating to objects included in the physical count must be posted before the physical count is created.
• All the vouchers that would update accounting information relating to any object included in the physical count must be updated to the general ledger before the physical count is created.

System Effects

As a result of this activity, a physical count report will be created and the Blocked for Inventory option in the page Fixed Asset Object/Inventory tab will be automatically enabled for all the objects included in the physical count.

If the physical count is created with the Block Object Operations option in the Create Object Physical Count dialog box enabled, the Blocked for Operations option in the page Fixed Asset Object/Inventory tab will be automatically enabled for all the objects included in the physical count.

Pages

New Object Physical Count

Activity Diagrams

Fixed Assets Physical Counting