Fixed Asset Location (FLOC)
Fixed Asset Location (FLOC) is optional and used for reporting purposes only. Location codes are used to identify the location of a fixed asset; for example, the building where a desk is located.
Location is the lowest level of a three-level classification hierarchy. The progression is as follows: 1. location; 2. location class; and 3. location category.
You must associate every fixed asset with a location code. Location class and category are optional codes used to group fixed assets on reports. For example, the category might be city or county, the class, 500 Main Street, and the location, the Capitol Building.
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Location
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Key field. If adding a new location, enter a unique code. If changing or deleting an existing line, enter the appropriate ten digit code.
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Name
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Optional. Enter the name as you want it to appear on reports, up to thirty characters.
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Class
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Conditional. Required if you report by location class. Otherwise optional. See Fixed Asset Location Class (FLCS) for valid values.
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Category
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Conditional. Required if you report by location category. Otherwise optional. See Fixed Asset Location Category (FLCT) for valid values.
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Short Name
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Optional. Enter the name that you want to appear on reports when there is insufficient space for the full name, up to twelve characters.
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