<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000098" xml:lang="en">
   <Header>
      <Title>To set up asset transactions</Title>
      <Keyword type="header" order="d1e1957103">
         <Level1>Transactions</Level1>
         <Level2>Asset</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1957108">
         <Level1>Assets</Level1>
         <Level2>Transactions</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <List>
         <ListIntro>Transactions are actions you can perform on an asset or asset
		  book to record data about different stages in the asset's life. Transactions
		  are a record of the processing an asset undergoes after you enter it into ERP Enterprise. The
		  transactions you can perform on an asset are:</ListIntro>
         <ListItem>Capitalization</ListItem>
         <ListItem>Adjustment</ListItem>
         <ListItem>Depreciation</ListItem>
         <ListItem>Disposal</ListItem>
         <ListItem>Restate depreciation</ListItem>
         <ListItem>Transfer</ListItem>
         <ListItem>Remove capitalization</ListItem>
      </List>
      <List>
         <ListIntro>The transactions you can perform at the asset-book level are:</ListIntro>
         <ListItem>Depreciation</ListItem>
         <ListItem>Adjustment</ListItem>
         <ListItem>Disposal</ListItem>
         <ListItem>Depreciation</ListItem>
         <ListItem>Revaluation</ListItem>
      </List>
      <Paragraph>For Example, after you enter an asset, you
		capitalize it to record that it is in use and to make it eligible for
		depreciation. You then depreciate the asset on a regular basis until it is time
		to remove it from service. When you remove the asset from service, you dispose
		of it.</Paragraph>
      <List>
         <ListIntro>There are several types of transactions you can record on the
		  asset. They are as follows:</ListIntro>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000138" role="manual">Capitalizing Assets</Link>, to indicate that an
		  asset has been placed into service and can begin depreciating in ERP Enterprise.</ListItem>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000099" role="manual">Asset Adjustment</Link>, to modify information
		  that is no longer directly editable.</ListItem>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000100" role="manual">Depreciating Assets</Link>, to calculate and
		  record the periodic decrease in expense due to wear and tear over time.</ListItem>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000136" role="manual">Restating Depreciation for Assets</Link>, to
		  recalculate depreciation due to an error in data input.</ListItem>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000142" role="manual">Disposing Assets</Link>, to remove all or part of
		  an asset from service.</ListItem>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000137" role="manual">Transferring Assets</Link>, to move all or part of
		  an asset to another location.</ListItem>
      </List>
      <List>
         <ListIntro>There are several types of transactions you can record on the <Link href="/baanerp/tf/glossary/glossary#000114" role="glossary">asset book</Link>. They are as
		  follows:</ListIntro>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000170" role="manual">Adjusting Asset Books</Link>, to modify
		  information that is no longer directly editable.</ListItem>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000171" role="manual">Depreciating Asset Books</Link>, to calculate and
		  record the periodic decrease in expense due to wear and tear over time.</ListItem>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000173" role="manual">Restating Depreciation for Asset Books</Link>, to
		  recalculate depreciation due to an error in data input.</ListItem>
         <ListItem> 
            <Link href="/baanerp/tf/onlinemanual/000172" role="manual">Disposing Asset Books</Link>, to remove all parts
		  of an asset from service.</ListItem>
         <ListItem>
            <GUIRef href="" role="manual">Asset Book Revaluation</GUIRef>, to revaluate the
		  current asset cost by using the defined revaluation index.</ListItem>
      </List>
      <Paragraph>When you enter a transaction, ERP Enterprise records
		information about the transaction on the asset and/or asset book. It also saves
		a record of the original values. This allows you to track the changes that have
		been made throughout an asset's life.</Paragraph>
      <Paragraph>In addition to these transactions, there are other tasks you
		can perform on an asset. You may need to record the business mileage on an
		automobile asset or record the units used on an asset whose life is tracked in
		units instead of in months and years. You can also record mass transactions to
		make changes to a large number of assets at once. For more information, see the
		topic <Link href="/baanerp/tf/onlinemanual/000157" role="manual">Using Mass Transactions</Link>. You can also
		perform certain transactions on a vintage or on a MACRS group account to make
		transactions on all the assets the account contains. For more information, see
		the <Link href="/baanerp/tf/onlinemanual/000072" role="manual">Using Vintage/Group Account Transactions</Link> topic.</Paragraph>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000146" role="manual">Using Asset Book Transactions</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>