Automatically flagging purchases as assets

Asset purchases not showing in Work File

Capital Assets

Object code used for purchase wasn't flagged as an asset

1. In Chart of Account Segments, select Object as segment and click Accept.
2. Select object code from list or click Search to pull it up.
3. In Defaults section, enable the Capital assets checkbox and add a value to the Capital asset amount field.  If a purchase is made with that object code that exceeds that amount, the purchase will automatically flag as an asset to be pulled in through the Work File.

Capital Assets Tools & Techniques - refer to pages 1 & 2