How to use Asset Structure

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Posted on by Community Member

Hi,

I need to import a lot of assets. Most of them are related to a project, which consist of more than one sub-asset. In our test environment, I have tried making a main asset and then two sub-assets. When I run an asset balances report, the main asset does not have any value. I expected it to have the total value of its sub-assets.

I need to have these sub-assets, because they are not all acquired at the same time, and thus depreciation differs from sub-asset to sub-asset, but I also need to reflect the relationship betweens these assets, so I can see the total booked value of all assets of a project.

How do I best achieve this?

BR,

Lene Kottal

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Sara Schilke on at

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Hi Lene

Today the fixed asset structure is only for grouping, and all value calculations behind the groupings would have to be done manually or though a customization.

Thanks.

Sara Schilke

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André Arnaud de Cal... 301,037 Super User 2025 Season 2 on at

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Hi Lene,

Sara is correct about the grouping. As workaround you can create own groupings in the Fixed asset statement rows.

You can setup grouping in the setup.

Fixed assets > Setup > Fixed asset statement rows.

A report who uses this setup can be found here:

Fixed assets > Reports > External > Fixed asset statement.

See also a report for base data.

Fixed assets > Reports > Base data > Fixed asset statement rows.

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Community Member on at

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Thanks to both you.

BR,

Lene

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