Fixed Asset Class

Fixed Asset Class

This maintenance screen allows the users to configure and add Asset Class for their General Ledger Accounts.

Fixed Asset Class Record List

Fixed Asset Class Record List

Adding Fixed Asset Class

Adding Fixed Asset Class

Field	Description	Expected Output
1.Code	•Reference Code for the Fixed Asset Class	•Alphanumeric
2.Asset Class	•Asset Class	•Alphanumeric
3.Depreciate	•Checking if the Fixed Asset Class is Depreciating	•Tick/Untick
4.No. of Months use of Life	•Life of Specific Asset Class	•Number
5.Salvage Value	•Price when the Asset is Salvaged	•Number
6.GL Account Asset	•Account where the asset is assigned	•Account List from Chart of Accounts
7.GL Account (Acc Dep)	•Account where the asset is assigned on Accounting Department	•Account List from Chart of Accounts
8.GL Account (Depreciate Expense)	•Account where the asset is assigned when there is a Depreciation	•Account List from Chart of Accounts

Editing Fixed Asset Class

File:Editing Fixed Asset Class.png

Editing Fixed Asset Class

Field	Description	Expected Output
1.Code	•Reference Code for the Fixed Asset Class	•Alphanumeric
2.Asset Class	•Asset Class	•Alphanumeric
3.Depreciate	•Checking if the Fixed Asset Class is Depreciating	•Tick/Untick
4.No. of Months use of Life	•Life of Specific Asset Class	•Number
5.Salvage Value	•Price when the Asset is Salvaged	•Number
6.GL Account Asset	•Account where the asset is assigned	•Account List from Chart of Accounts
7.GL Account (Acc Dep)	•Account where the asset is assigned on Accounting Department	•Account List from Chart of Accounts
8.GL Account (Depreciate Expense)	•Account where the asset is assigned when there is a Depreciation	•Account List from Chart of Accounts

Fixed Asset Class Option

File:Fixed Asset Class Option.png

Fixed Asset Class Option

Fixed Asset Class Record Option

File:Fixed Asset Class Record Option.png

Fixed Asset Class Record Option

Fixed Asset Class View Record

File:Fixed Asset Class View Record.png