Fixed Assets CS allows you to define up to 250 business activities for each form, schedule, or fund that is capable of having multiple activities.
To add a unit to the multiple-unit activity, perform the following steps.
- Open the appropriate client.
- In the Asset List window, choose Setup > Activities.
- Click the Add button.
- Choose the form or schedule to which you will add a unit from the Form/Schedule drop-down list.
- Enter a unit number (1 - 250) in the Unit field.
- If all of the assets for this activity are held or located in the same state, choose a situs from the Situs field.
Note: Situs will not be able to be entered for 1065 Business or COGS activities.
- Enter a description of the multiple-unit activity in the Description field.
- If necessary, click the option for the appropriate Method/Life Wizard type.
- If necessary, select the appropriate type for this activity from the Economic type field. The economic type enables the Method/Life Wizard to select the correct lives to use when Machinery, equipment or fixture is chosen as the asset class.
- Click the Enter button to add the new unit.
- Click Done to add the new unit and close the Activity dialog.
The new unit appears in the folders block.
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