Creating a Fixed Assets Master File

The fixed assets file contains all identifying and descriptive information unique to an asset.

To create a fixed assets file:

  1. Create a fixed asset record using the Fixed Assets form.
  2. Create and maintain asset costs using the Fixed Asset Costs form.
  3. Establish an asset depreciation method for each depreciation schedule on the Fixed Asset Depreciation form.

    See Generating a Depreciation Schedule for the steps to set up a depreciation schedule.

Related topics
Fixed Assets Overview
Fixed Assets Steps
General Ledger Setup