Asset Capitalization allows you to combine stock items and/or existing assets, along with related service costs, into a single composite fixed asset for capitalization and depreciation.

To Access Asset Capitalization:

Login to ERP > Desktop > Assets > Asset Capitalization

Create Asset Capitalization

1. Go to Asset Capitalization
2. Click Add Asset Capitalization
3. Select Target Asset which when an asset created is composit asset should be enabled
4. Set finance Book
5. Enter Consumed Stock Items In the Stock items table
6. Enter Consumed Assets in the Asstes table
7. You can also enter service expense and cost center
8. Click Save