Previous Topic

Next Topic

Inhoudsopgave

Book Index

Fixed asset details

Fixed assets used to produce goods or render services are defined on the Fixed assets form. As fixed assets, such as business premises, machines, office furniture and computers, have a long useful life, the costs are distributed over a number of years using a depreciation method.Use the Acquisition cost feature to journalize the purchase of a fixed asset. Use the Create depreciation entries option to generate depreciation entries.

In this folder

General

Ledger accounts