Fixed Asset Records

Overview

The Fixed Asset object is used to maintain fixed asset records.

Steps

Navigate to the Fixed Asset list. Then, click New to enter fixed assets.

Populate the following fields:

• Name
• Depreciation Method
• Depreciation Start Date
• No. of Depreciation Years

Populate the following accounting setup fields.

Most fields on the Fixed Asset page are self-explanatory. For information about how the Depreciation Adjustment Amount field works, see Calculate Fixed Asset Depreciation.