This process is designed for use by an organization that receives assets in bulk quantities through a stock room type of process. For example, a manufacturer receives a shipment of molds for their manufacturing process in cases of 12 molds per carton and the molds are treated as fixed assets.
The process begins with the Generate New Asset Limit field on the setup screen. This is the maximum number of “labels” that can be created at a time. The primary result of the process is the creation of empty or place holder asset\records which need to be fleshed out via the Asset AP process.
The process also generates a bar coded listing of these assets it created for labeling. In the Asset AP Process the SPLIT process sub-screen is used to match the vendors invoice to the assets produced by the process.