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Adding
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support. |
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The
Fixed assets module can only be accessed via the Modules menu
1.
Modules Menu
2.
Select Fixed Assets
Register... to display the Fixed Assets screen
3.
Click 
button to display the Details
screen
Heading
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Description
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Asset
Reference
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The reference for the asset, this could be an asset
tag number, vehicle registration number or a code for the item eg
Copier1
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Description
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You have several lines to describe the item
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Serial
number
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The serial number may be important for insurance
claims
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Location /
Emp’ee
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Who uses the item or where it is located can help
locate the item
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Date
Purchased
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The date purchased may be required by insurers
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Supplier A/C
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The supplier account reference
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Asset
Category
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This is one of the categories you have defined
(Settings menu)
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4.
Complete the required
details and Crtl-pgdn or
click on the Posting tab to display the following screen
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Heading
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Description
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Department
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This is the department you wish the depreciation to
be recorded against.
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Dep’n B.S.
N/C
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This
is the nominal code for the record of the depreciation in the balance
sheet it will normally start with a 0
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Dep’n
P&L N/C
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This is the nominal code for the record of the
depreciation in the profit and loss account it will normally start with
an 8
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Depreciation
Method
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Select from the Drop Down Box
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Depreciation
Rate
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This is a percentage per year. To write of an asset
over four years using straight line method this would be 25%, 3yr is
33.3% 2yrs 50% 5 yrs 20% etc.
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Cost Price
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The original cost of the item
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Book Value
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The current depreciated value of the item
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Next Dep’n
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The amount of depreciation next time the month end
is run
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Dep’n to
Date
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The amount the item has already been depreciated
by.
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Date Last
Posted
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The data the last time the journal was done
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5.
Complete the required fields and click Save
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