Fixed Assets

OverView

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.

 

Navigation - Screenshot

ransactions

  • Process Depreciation of a Fixed Asset

Inquiries and Reports

  • FixedAssetsReports?
    View Fixed Asset Reports

Maintenance