AC10.3 – Activity Asset

About AC10.3

Use Activity Asset (AC10.3) to define and maintain the parameters used to capitalize activity costs in the Lawson Asset Management application. This process is referred to as capitalization. You can capitalize accumulatedactivity costs to one asset or multiple assets. NOTE You can only use AC10.3 if you use both Project Accounting and AssetManagement.

More information: Consider the following when setting up activities to be capitalized: - Define activity asset information on AC10.3. Parameters can be defined fora posting activity and detail account category, or for all detail account categories associated with a posting activity. - Account categories containing costs you want to capitalize must be flaggedto allow capitalization by setting the Cap field to Y on Account Category Structure Detail (AC08.3), or on Override Account Categories (AC06.1). - The activity status must allow capitalization. Use Status (AC02.1) andselect the Cap field. Then assign that status on Activity (AC10.1). You can use combine codes to create one asset from multiple activities and account categories. Assign the same combine code, asset template, asset description, tag, hold code, and asset group. If you use activities to accumulate repair or maintenance costs on existing assets, you can use the Repair tab to track those costs with the asset in Asset Management. The costs do not add to the asset's value, and are tracked only as information.

Updated files (14)

Referenced files (15)

Related forms

• AC10.1 Activity
• AC10.2 Location Assignment
• AC10.4 Location
• AC10.5 Mass Activity Move
• AC10.6 Activity Period of Performance
• AC10.7 Period of Performance Template

Program calls

Invoked programs (13)

ACAC, ACTA, API4, IFAC, IFAU, IFCU, IFIM, IFLU, IFOB, IFSG, IFUP, SLSE, SLSU

Calling programs (3)

AC19, AC56, AC560