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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.

Fixed asset categories are accounting policy controls. Confirm GL mappings, useful life, depreciation method, and capitalization threshold with accounting before changing production settings.

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Open Fixed Asset Categories

  1. Open Settings.
  2. Choose Entity Settings.
  3. Open System.
  4. Choose Fixed Asset Categories.
Fixed Asset Categories settings page showing accounting policy toggles, vendor bill auto-capture, capitalization threshold, and category table

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Review Category Defaults

Each category can supply defaults for:
  • Useful life.
  • Depreciation method.
  • Asset cost GL account.
  • Accumulated depreciation GL account.
  • Depreciation expense GL account.
  • Tax class or reporting category where configured.
These defaults speed up asset creation, but accounting should still review each asset before placing it in service.

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Vendor Bill Auto-Capture

Auto-capture can create pending fixed assets from posted vendor bill lines that meet capitalization policy. Use it when AP and accounting want potential assets surfaced automatically for review. Auto-captured assets still need:
  • Asset name and category review.
  • Placed-in-service date.
  • Location and ownership details.
  • Useful life and depreciation review.
  • Approval from the accounting owner.

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Common Blocks

  • Asset was not auto-captured: confirm vendor bill status, GL account, category mapping, and capitalization threshold.
  • Wrong depreciation defaults appear: update the category, then review assets created after the change.
  • Existing assets did not change: category defaults usually affect new or pending assets, not posted historical depreciation.
  • GL account is missing: confirm the account is active and appropriate for the asset workflow.

Fixed Assets

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

All Assets

Review owned fixed assets and leased right-of-use assets together.

Accounting Automation Settings

Review fixed asset, lease, and categorization automation settings together.

AP Bills

Record vendor bills that may feed fixed asset review.