New Fixed Asset

A Fixed Asset is a long-term physical piece of property or equipment that a firm owns and uses in its operations to generate income. Fixed assets are not expected to be consumed or converted into cash within a year. Fixed...

Fixed Asset Purchase Invoice

The Fixed Asset Purchase Invoice is used to formally record the acquisition of a fixed asset from a supplier. Unlike a standard purchase, this transaction specifically updates the fixed asset ledger, establishes the initial book value, and sets the stage...

New Location Transfers

The Fixed Assets Location Transfer form records the movement of physical assets from one location to another. This ensures your asset register always reflects the correct physical site, which is essential for audits, maintenance scheduling, and insurance purposes. You can...

New Fixed Asset Disposal Form

The Fixed Asset Disposal form is used to remove an asset from the company's books, typically due to the asset being sold, scrapped, or lost. This process ensures that the asset's value is removed from the balance sheet and any...

New Sale

The Fixed Asset Sales Invoice is used when your company sells a registered fixed asset to an external customer. This transaction generates a formal tax invoice for the buyer and records the disposal of the asset from your company’s books...

Fixed Assets List and Inquiry

The Fixed Asset Management screen allows you to view, manage, and perform actions on your company's physical assets. This centralized list helps you track asset lifecycles, monitor depreciation values, and ensure financial accuracy for audit purposes. To access this list,...

Movements

The Asset Movements List provides a detailed audit trail and ledger-style view of every transaction associated with a specific asset. This screen allows you to monitor the flow of assets, ensuring accurate record-keeping and assisting in inventory audits by tracking...

Fixed Assets Location

The Fixed Asset Locations setup allows you to define the physical sites, offices, or warehouses where your company’s assets are held. Establishing these locations is essential for tracking the movement of assets and performing accurate site-based audits. You can access...

Fixed Asset Classes

Fixed Asset Classes are used to categorize your assets for organized financial reporting and automated depreciation. By grouping assets into classes, you ensure that similar items (like vehicles or office equipment) follow the same accounting rules and depreciation rates. You...

Fixed Assets Categories List and Inquiry

The Asset Categories List provides a centralized way to define and organize your assets into groups. By setting up categories, you automate the accounting process, ensuring that every asset assigned to a specific category follows the same tax rules and...

View Of Depreciation for Fixed Assets

The Asset Depreciations View provides a detailed financial breakdown of how an asset's value is reduced over time. Unlike the high-level Assets List or the movement-based ledger, this view focuses specifically on the accounting logic and the history of depreciation...