What are the different ways of adding assets in FA?

You can use one of the following processes to enter new assets:

Quick Additions

Use the Quick Additions process to quickly enter ordinary assets when you must enter them manually. You can enter minimal information in the Quick Additions window, and the remaining asset information defaults from the asset category, book, and the date placed in service.

Detail Additions

Use the Detail Additions process to manually add complex assets which the Quick Additions process does not handle:

• Assets that have a salvage value
• Assets with more than one assignment
• Assets with more than one source line
• Assets to which the category default depreciation rules do not apply