For each asset a list of cost breakup can be maintained like Installation charges, Royalty etc. The Installation charges can be capitalized under the same asset code by using this facility without going in for a new asset code and the depreciation will be calculated from the date of Installation/Date of Capitalisation.

Under each asset code the details of location of each asset purchased can be maintained and against the same the remarks can also be given. (for eg. Assets at Branch offices, Factory premises etc.)

This is an optional facility available. i.e. You can have the maintenance expenditure pertaining to each asset which is accounted to the general ledger account booked to that particular asset code and can be integrated. At any point of time the maintenance expenditure of any particular asset can be obtained. When ever an entry is posted into the GL maintenance account it will ask for the Asset Code and only when the existing asset code is given it will allow us to post the entry into the General ledger account.