Asset management

Yahoo Archive
1
No problem, overall I do like the module and what it will do for us. There are some picky points however and some gotchas but nothing too bad.

Rob Bucek
Production Control Manager
PH: (715) 284-5376 ext 311
Mobile: (715)896-3119
FAX: (715)284-4084
[cid:1.234354861@...]<http://www.dsmfg.com/>
(Click the logo to view our site)<http://www.dsmfg.com/>

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Friday, October 24, 2014 10:12 AM
To: vantage@yahoogroups.com
Subject: Re: RE: [Vantage] Asset management



Rob,

It was about as clear as mud late last night but makes sense now.

Thanks - & I may take you up on some help if I get stuck.

Rob Brown
Versa Products
Sent from Yahoo Mail on Android<https://overview.mail.yahoo.com/mobile/?.src=Android>
From:"Rob Bucek rbucek@... [vantage]" <vantage@yahoogroups.com>
Date:Thu, Oct 23, 2014 at 8:08 PM
Subject:RE: [Vantage] Asset management


Robert,

I actually am on the back end of implementing that module. I think what you do with those and the separation they contain is up to you and/or your needs. We utilized them to direct costs and group to different segments in our GL. I set up classes to link assets department control codes (GL Control Code Entry: Type - Department) and the groups refer to various Account Contexts through via a different control code altogether (GL Control Code Entry: Type - Asset Group). So Assets we hold at the company level (buildings, land, etc) got a Code of Admin (Department 00), then buildings facilities are in the group Building which ties to a Control Code which you use to designate a list of accounts for the various account contexts (we use a simple two segments in our setup). If I was clear as mud with regards to what how I'm approaching this you know where to find me.

Rob Bucek
Production Control Manager
PH: (715) 284-5376 ext 311
Mobile: (715)896-3119
FAX: (715)284-4084
[cid:1.234354861@...]<http://www.dsmfg.com/>
(Click the logo to view our site)<http://www.dsmfg.com/>

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Thursday, October 23, 2014 6:18 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Asset management

(Epicor 9.05.702A) - We're just implementing asset management not being a finance wiz, I'm trying understand some basics:

I see a lot of redundancy in the data related to Asset Groups Asset Classes. What is the difference in their function/purpose?

Any simple examples would be illuminating much appreciated.

Rob Brown
Versa Products

[Non-text portions of this message have been removed]





[Non-text portions of this message have been removed]
2
(Epicor 9.05.702A) - We're just implementing asset management & not being a finance wiz, I'm trying understand some basics:
 
I see a lot of redundancy in the data related to Asset Groups & Asset Classes. What is the difference in their function/purpose?
 
Any simple examples would be illuminating & much appreciated.
 
Rob Brown
Versa Products
3
Robert,

I actually am on the back end of implementing that module. I think what you do with those and the separation they contain is up to you and/or your needs. We utilized them to direct costs and group to different segments in our GL. I set up classes to link assets department control codes (GL Control Code Entry: Type - Department) and the groups refer to various Account Contexts through via a different control code altogether (GL Control Code Entry: Type - Asset Group). So Assets we hold at the company level (buildings, land, etc) got a Code of Admin (Department 00), then buildings & facilities are in the group Building which ties to a Control Code which you use to designate a list of accounts for the various account contexts (we use a simple two segments in our setup). If I was clear as mud with regards to what how I'm approaching this you know where to find me.

Rob Bucek
Production Control Manager
PH: (715) 284-5376 ext 311
Mobile: (715)896-3119
FAX: (715)284-4084
[cid:1.234354861@...]<http://www.dsmfg.com/>
(Click the logo to view our site)<http://www.dsmfg.com/>

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Thursday, October 23, 2014 6:18 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Asset management


(Epicor 9.05.702A) - We're just implementing asset management & not being a finance wiz, I'm trying understand some basics:

I see a lot of redundancy in the data related to Asset Groups & Asset Classes. What is the difference in their function/purpose?

Any simple examples would be illuminating & much appreciated.

Rob Brown
Versa Products



[Non-text portions of this message have been removed]
4

Rob,

It was about as clear as mud late last night but makes sense now.

Thanks - & I may take you up on some help if I get stuck.

Rob Brown
Versa Products
Sent from Yahoo Mail on Android

From:"Rob Bucek rbucek@... [vantage]" <vantage@yahoogroups.com>
Date:Thu, Oct 23, 2014 at 8:08 PM
Subject:RE: [Vantage] Asset management

 
<div id="ygrps-yiv-535778120ygrp-text">
  
  
  <p>Robert,<br clear="none">

I actually am on the back end of implementing that module. I think what you do with those and the separation they contain is up to you and/or your needs. We utilized them to direct costs and group to different segments in our GL. I set up classes to link assets department control codes (GL Control Code Entry: Type - Department) and the groups refer to various Account Contexts through via a different control code altogether (GL Control Code Entry: Type - Asset Group). So Assets we hold at the company level (buildings, land, etc) got a Code of Admin (Department 00), then buildings & facilities are in the group Building which ties to a Control Code which you use to designate a list of accounts for the various account contexts (we use a simple two segments in our setup). If I was clear as mud with regards to what how I'm approaching this you know where to find me.

Rob Bucek
Production Control Manager
PH: (715) 284-5376 ext 311
Mobile: (715)896-3119
FAX: (715)284-4084
[cid:1.234354861@...]<http://www.dsmfg.com/>
(Click the logo to view our site)<http://www.dsmfg.com/>

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com]
Sent: Thursday, October 23, 2014 6:18 PM
To: vantage@yahoogroups.com
Subject: [Vantage] Asset management

(Epicor 9.05.702A) - We're just implementing asset management & not being a finance wiz, I'm trying understand some basics:

I see a lot of redundancy in the data related to Asset Groups & Asset Classes. What is the difference in their function/purpose?

Any simple examples would be illuminating & much appreciated.

Rob Brown
Versa Products

[Non-text portions of this message have been removed]

</div>
 


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