Using Quantity and Splitting Assets

Using Quantity and Splitting Assets

Info
See attached document for complete details. 

ASPIRE allows for asset-level management on any given contract and contracts that have a high number of assets can be cumbersome to service at times. The attached document outlines how to use the Equipment Quantity feature to reduce calculation overhead, and then how to split assets for disposal or management of individual assets.

Topics in the attached document:
  1. Asset Quantity
  2. Splitting Assets
    1. Split
    2. Split All
  3. Split Assets and Depreciation
  4. Update Split Equipment Using Global Equipment Update
  5. Single Quantity - Multiple Assets
  6. Splitting Single Quantity Assets

    • Related Articles

    • How to split 1 piece of equipment into 2 pieces of equipment

      PROBLEM:  The lease contract was originally built with 1 equipment record that has a quantity of 1, however there are truly multiple equipment records on the contract.  The one piece of equipment is acting like an "umbrella" to carry the cost of ...

    • Contract Termination - Asset Proration Amount not propagating to the Assets

      The situation: A user wants to process a Contract Termination, they have an amount that they have determined is the Contract Termination amount and needs to prorate that amount across the assets related to the contract. Steps to recreate: 1. On the ...

    • Quantity Change in ASPIRE Equipment Caused Change to Receivable with No Journal Entries

      When changing the quantity of an asset via modification or booking adjustment, if you do not click off or tab out of the Quantity field before posting the modification, ASPIRE generates a blank journal entry, but still updates the Current Basis, ...

    • 401 error when using DocuSign integration

      401 errors indicate an unauthorized request. Most commonly, this is due to using an invalid service key. Each service key is unique to a subscriber and service address. Please check with the assigned LTi account manager to confirm authorization for ...

    • 400 Error when using DocuSign Integration

      Normally, when an ASPIRE user attempts to submit an envelope to DocuSign, a “success” message will be returned along with a DocuSign Envelope ID. Occasionally, an error message will be returned. Typically, this is a 400 error. 400 errors indicate a ...