<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000054" xml:lang="en">
   <Header>
      <Title>Using Assets</Title>
      <Keyword type="header" order="d1e1666976">
         <Level1>Assets</Level1>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>Fixed <Link href="/baanerp/tf/glossary/glossary#000113" role="glossary">assets</Link> include property, buildings, and equipment that are
expected to
reduce your company's costs or increase its income. In the <GUIRef href="/baanerp/tf/fam" role="module">Fixed Assets</GUIRef> module,
you
record data about the fixed assets your company owns. You record asset data to
keep track of the assets your company uses and to record transactions for the
assets.</Paragraph>
      <Paragraph>You assign one or more books to an asset. A book determines how an asset
depreciates, and stores all transactional data for the asset.
When you associate a book with an asset, you create a relationship between the
asset and that book, called an asset book.</Paragraph>
      <Paragraph>After you enter assets, you can record transactions for them. You use
transactions to capitalize an asset to depreciate the asset's cost, to adjust
capitalized assets that you can no longer directly change manually, to (partial)
dispose of an asset that you no longer own, or to transfer an asset to another
location.</Paragraph>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000056" role="manual">Assets and Related Books</Link>
      </RelTopic>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000060" role="manual">Deemed Supplies-Gifts: Taxable persons and values</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>