Business Rules

•      The user must be a KFS-SYS Asset Manager, KFS-SYS Asset Processor/Backup, or KFS Plant Fund accountant to use the Asset Acquisition Type of 'New.

•      The Asset Acquisition Type defined in parameter NEW_ACQUISITION_CODE allows the asset to be added to the database without creating ledger entries.

•      Asset Acquisition types defined in parameters of FABRICATED_ACQUISITION_CODE and NON_NEW_ACQUISITION_CODES cannot be used on the Asset Global document. Pre asset tagging is system assigned when the addition document is generated by CAB and the line has a Pre-Asset Tagging record.

•      All other asset acquisition types may be used by all users.

•      To create a capital asset, the total cost must be equal to or greater than the capitalization threshold defined with parameter CAPITALIZATION_LIMIT_AMOUNT unless the user is a KFS-SYS Asset Manager, KFS-SYS Asset Processor/Backup, or KFS-SYS Plant Fund Accountant. These users may create capital assets below the capitalization threshold. To create a non-capital asset, the total cost must be less than the capitalization threshold.

•      None of the retirement asset status codes defined in parameter RETIRED_STATUS_CODES may be used on Asset Global.

•      Only Asset Status Codes defined in parameter CAPITAL_ASSET_STATUS_CODES can be used with Object Sub-Types defined in parameter CAPITAL_OBJECT_SUB_TYPES.

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