Fixed Assets - Helpful how-to guides

Prompt File - Asset Creation

To create assets from the Prompt File. This guide utilises a journal but an Accounts Payable Invoice or indeed a Sales Invoice (used for disposals) could also be used to create an entry in the prompt file.

Caroline Buckland
Updated by Caroline Buckland

Join Prompt File Items

Items on the Prompt File can be joined to create one asset. Click here to learn more!

Caroline Buckland
Updated by Caroline Buckland

Fixed Assets Period End & Depreciation

Learn how to run a period end in Fixed Assets and post depreciation.

Caroline Buckland
Updated by Caroline Buckland

Revaluation

If an asset is professionally re-valued, you will need to record details of the increase or decrease in its capital value.

Caroline Buckland
Updated by Caroline Buckland

Disposals

A disposal enables Fixed Assets to reflect that an asset's record, or a portion of it, is no longer contributing value to the company.

Caroline Buckland
Updated by Caroline Buckland

Relife

An asset’s life may need to be amended. Follow the guide to understand the process.

Caroline Buckland
Updated by Caroline Buckland

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