To set up general ledger accounts to be included in Fixed Assets Management:
- Go to Lists > Accounting > Accounts.
- Click the Edit link of the account that you want to set up.
- In the Show in Fixed Assets Management field, select the Fixed Assets Management accounts. To select multiple accounts, hold down the CTRL key and click on the accounts.
- Asset Account
- Depreciation Account
- Depreciation Charge Account
- Write Off Account
- Write Down Account
- Disposal Cost Account
- Click Save.
To verify successful account definition in Asset Type and Asset records:
- Go to Fixed Assets > Setup > Asset Types > New.
- On the Accounts subtab, verify that the account you defined is available in the dropdown menu of the following fields (if applicable to the account you defined):
- Asset Type Asset Account
- Asset Type Depreciation Account
- Asset Type Depreciation Charge Account
- Asset Type Write Off Account
- Asset Type Write Down Account
- Asset Type Disposal Cost Account
- Go to Fixed Assets > Lists > Assets > New.
- On the Accounts subtab, verify that the account you defined is available in the dropdown menu of the following fields (if applicable to the account you defined):
- Asset Account
- Depreciation Account
- Depreciation Charge Account
- Write Off Account
- Write Down Account
- Disposal Cost Account