Introduction
Welcome to the guide on the Asset Shift Allocation feature in Empress! From a business perspective, this feature helps manage and track your company’s assets, enabling efficient resource allocation and financial planning. By using Asset Shift Allocation, you can view, edit, sort, and track your assets’ information, all within a user-friendly interface.
Feature Overview
Asset Shift Allocation is a tool designed for managing and recording shifts in your company’s assets. It enables you to:
- Link assets: Connect the assets to their respective financial books.
- Track Depreciation Schedule: Keep up-to-date records of your assets’ depreciation schedule.
- Use Naming Series: Assign unique identifiers to each asset for easy tracking and management.
Linking Assets
The first step in utilizing the Asset Shift Allocation feature is linking your assets. Simply select the desired asset from the Asset dropdown menu. This action connects the asset to its respective financial book, ensuring all asset-related financial information is easily accessible.
Tracking Depreciation Schedule
This feature allows you to track your assets’ depreciation schedule in an organized fashion. Once an asset is no longer new, the Depreciation Schedule section becomes accessible. Here, you can view and maintain a detailed record of your assets’ depreciation.
Using Naming Series
The Naming Series field allows you to assign a unique identifier to each asset shift allocation. This identifier aids in easy tracking and management of assets.
User Roles and Permissions
In Empress, the Asset Shift Allocation feature is accessible to the System Manager and Accounts User roles. Both roles have permissions to create, delete, email, export, print, read, report, share, and write. Moreover, Accounts User has additional permissions to amend, cancel, and submit.
Concluding Remarks
The Asset Shift Allocation feature in Empress is a powerful tool designed to enhance your business processes. It allows you to manage and track your company’s assets efficiently, enabling well-informed financial planning and resource allocation. For further assistance or information about this feature, please refer to our support resources or contact our support team.