Financial Management::Manage Financial Transactions::Manage Accounting for Fixed Assets

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Manage Accounting for Fixed Assets : Public <<TMF_Process>> eTOM Process
Created: 6/28/2022 5:09:06 PM
Modified: 1/16/2025 11:26:34 AM
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<span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Manage Accounting for Fixed Assets process involves tracking, recording, and managing the financial aspects of an enterprise’s fixed assets. Key steps include identifying and valuing assets, calculating depreciation, tracking maintenance and upgrades, documenting asset disposal, and preparing financial reports. The main goals are to ensure financial accuracy, comply with regulations, and support informed decision-making about assets.</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">This process was renamed in 24.5 old Account for Fixed Assets</span></span><br/>
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Element Source Role Target Role
«TMF_Process» Manage Financial Transactions
eTOM Process «TMF_isComposedByProcess»
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«TMF_Domain» Enterprise Domain
Domain «TMF_DomainAggregatesProcess»
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Tag Value
BriefDescription The process of tracking, recording, and managing the financial aspects of the enterprise’s fixed assets, such as property, plant, and equipment, to ensure accurate financial reporting and compliance with accounting standards.
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HierarchyLevel 4
Details:
Description: the level of this object in the hierarchy (1-x integer)
Issue Business Process Framework 20.0 Addition
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Maturity 4
Details:
Description: the maturity level of this element  (1-x integer)
Process Identifier 1.7.5.4.5
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TMFStatus Not Fully Developed
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Values: Released,Preliminary,Draft,Not Fully Developed,likelyToChange,likelyToBeDeprecated
Description: the TM Forum status
UID 03149
Details:
Description: Unique Process ID
Property Value
isFinalSpecialization: 0
Object Type Connection Direction Notes
«TMF_Function» Space/Cost of Fixed Assets Planning Function Realization From  
«TMF_Function» Fixed Assets Depreciation Calculation Function Realization From  
«TMF_Function» Fixed Assets Reconciliation Function Realization From  
«TMF_Function» Fixed Assets Journalizing Function Realization From