Fixed Assets

Use the Fixed Assets submodule in the Finance & Administration module to manage long-term company assets that are capitalized and depreciated over time, including:

  • setting up Fixed Assets for the company
  • creating and maintaining fixed asset groups
  • creating fixed assets
  • capitalizing asset purchase costs from suspense account transactions
  • depreciating fixed assets
  • revaluing fixed assets
  • disposing of fixed assets
  • importing fixed assets from Excel

To perform these tasks, you must have access to Finance & Administration as defined in User Access Rights Access under Settings.