Fixed Assets
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The Fixed Assets module allows fixed assets to be registered into your accounts; Assets are defined by classes, categories & location and uses a base depreciation rate with a rate multiplier for linear depreciation calculation.
Along with the Manufacturing, this module too can be hidden from the user interface in Setup => Company Setup.
Four depreciation methods are available:
- Declining Balance
- Straight Line
- Sum of Year Digits &
- One-Time.
Note: This module is native to FA 2.4.x whilst it is an external package addon in FA 2.3.x and earlier.
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