I need to be able to: 1) propose new asset 2)split the asset and then 3) assign children to the asset. Is this possible? when reading the help it seems like you assign children in the proposal stage, but split the asset after it is already proposed.

To split an asset: 1. Go to Fixed Assets > Transactions > Asset Split. 2. In the Asset ID/Name field, select an asset to split. The Split Details and Tax Methods subtabs will be available when you select an asset. Tax methods associated with the selected asset will be displayed in the Tax Methods subtab. 3. Enter the Split Quantity in the field provided. Details of the new and old asset values are available on the Split Details subtab. New asset values are calculated based on the split quantity. These values can be edited. Take note of the following conditions when modifying the split details: ■ Split quantity must not be zero. ■ The net book value must not be greater that the current cost for both the old and new assets. ■ The sum of the net book value and depreciation to date must equal the current cost. ■ The last depreciation amount must not be greater than the depreciation to date. ■ The residual value must not be greater than the current cost and net book value for both old and new assets. 4. Click Split to create a new split asset and update the original asset

@Sam-I-Am Thanks! Now, do you know if I can enter $0 assets? I'm trying to enter a few components of a router that are invoiced at $0 and designated to an asset account, but when i propose the asset the $0 line items don't show up. I need to do this to show the "components" of the router which includes items with serial numbers like the chassis, fan base, etc.

>>Splitting Asset Proposal Records

You can split an asset proposal record to process a certain number of assets in the original proposal record separately. If the proposal record contains multiple quantities of an asset, a link to split the asset proposal will be available on the proposal sublist. 1. Go to Fixed Assets > Transactions > Asset Proposal. Asset Proposal and Generation 68 Fixed Assets Management 2. On the Proposed Assets sublist, click the Split link for the proposal record that you want to split. You will be redirected to the Proposal Split page. Note: The Split link is available only if the proposal contains multiple quantities of an asset. 3. On the Split Details sublist, provide values on the following columns: ■ Cost – Enter the cost of the total cost of the asset proposal record and quantity of assets to allot to the proposal record. ■ Quantity – Enter the quantity of assets to allot to the proposal record. ■ New Item Description – Enter a description for the asset. This will represent the name and description of the asset record. 4. Click Add. The Remaining Quantity and Remaining Cost field on the Primary Information will be updated to reflect the quantity and cost left to split. 5. On the Primary Information field group, check the Split Remaining box to equally split the remaining quantity and cost into individual proposal records. Note: You can split both the remaining quantity and cost only if their value is greater than zero. 6. Click Split to split the original proposal record. You will be redirected to the Process Status page, where you can track the status of the asset proposal split. On the Process Status page, the following processes will be queued for asset proposal split. You can click the Details link on any process to view the process stage details. Process Process Stage Process Stage Description Split Asset Proposals Asset Splits asset proposal records according to specified details. Proposal Split Update Related Records In case of failure, changes made in the previous stage will be reverted. If the proposal split is successful, this process is skipped and the status will be set to Not Required.