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Documentation Index

Fetch the complete documentation index at: https://docs.arcuserp.com/llms.txt

Use this file to discover all available pages before exploring further.

All Assets is a review and routing workspace. It brings owned fixed assets and leased right-of-use assets together, then sends you to the correct fixed asset or lease detail page for lifecycle work.

Open All Assets

Open Accounting, then All Assets. The page summarizes owned assets, leased assets, gross value, net value, and monthly cost. The list shows code, name, category, ownership, counterparty, location, gross value, net value, acquired date, and status. Use this page when you need one list of productive assets, regardless of whether the business owns the asset or leases it from a third party.
Fixed Assets register with cost, net book value, depreciation status, and asset rows

Filter The Asset List

Use the filter bar to narrow the view:
  • Ownership: show all assets, owned assets only, or leased assets only.
  • Category: focus on a fixed asset category such as equipment, vehicle, building, or other configured categories.
  • Location: review assets associated with one location while still including records with no specific location assignment.
  • Status: find active, pending, pending service, disposed, fully depreciated, terminated, bought out, or expired records.
  • Search: search by name or asset code.

Understand Ownership Badges

  • Owned: the record is a fixed asset. It follows the fixed asset lifecycle for service date, depreciation, impairment, transfer, maintenance, and disposal.
  • Finance Lease: the record is a lease classified as finance. It carries right-of-use asset and lease liability behavior.
  • Operating Lease: the record is a lease classified as operating. It still appears as a leased asset for tracking and ASC 842 review.
Rows with a linked indicator have a relationship between a lease and a fixed asset, such as a finance lease buyout that created an owned fixed asset.

Open Details

Click a row to open the correct detail page.
  • Owned rows open the fixed asset detail page.
  • Leased rows open the lease detail page.
  • Bought-out leases and converted fixed assets keep cross-links so accounting can trace the conversion.
Use detail pages for lifecycle actions. All Assets helps you find and compare records, but actions like depreciation, disposal, impairment, lease payment, lease modification, termination, and buyout belong in the detailed fixed asset or lease workflow.

Add An Asset

  1. Open Accounting > All Assets.
  2. Click Add Asset.
  3. Choose Owned (Fixed Asset) if the business will own and depreciate the asset.
  4. Choose Leased (ASC 842) if the asset is leased from a third party.
  5. Click Continue.
  6. Complete the fixed asset wizard or lease wizard.
Choose the asset type carefully. Owned assets and leased assets follow different accounting lifecycles, schedules, and detail pages.

Common Blocks

  • No assets match the filters: clear ownership, category, location, status, and search filters.
  • A lease disappears after choosing a location: check whether it has no location assigned or whether the filter is too narrow.
  • Status labels differ by ownership type: fixed assets and leases do not share the exact same lifecycle states.
  • Monthly cost looks different from depreciation: owned assets estimate monthly cost from depreciation setup, while leases use payment-related values.
  • Need to change accounting treatment: open the fixed asset or lease detail page and follow the specific lifecycle workflow.

Fixed Assets

Create owned assets, place them in service, depreciate, transfer, impair, and dispose.

Leases

Manage ASC 842 leases, payments, modifications, terminations, and buyouts.

Accounting Automation Settings

Configure fixed asset categories, lease defaults, and accounting automation.

Financial Reports

Review balance sheet and income statement impact.