This module will assist you in creating, managing and depreciating your fixed assets

The Fixed assets module can be found within the various additional modules. This module depreciates on a straight line basis only.

Procedure

To begin with, you will need to create at least one asset group in order to register the items. In addition, establish a set of entry numbers.

The different types of assets have different useful lives and are depreciated in different ways. Therefore, you should divide the assets of the company in one or more groups (e.g. computer equipment, motor vehicles, etc.)

Also, within the asset groups is where you specify the accounts that you wish to make additions, disposals and depreciation.

How do I add an asset?

The addition of an asset can be registered in two ways, either by entering the supplier invoice or, if the asset has been depreciated in part (for example, in a different accounting system), on the active list.

Other tasks of the asset module include:

Posting a new fixed asset Registering a non-depreciable amount Existing fixed asset register Depreciation and disposal of fixed assets Correcting incorrect entries and summary of the assets of the company

How do I get started?

You can activate the Fixed assets add-on module in your e-conomic agreement, or have more of your questions answered in the Fixed assets module FAQ.