Fixed Asset Register - Location master Setup
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11. Fixed Asset (FA) Register

Indicate cost of asset, useful life, disposal value and system will update GL and Monthly Profit & Loss
  • Fixed Asset Register - Location master Setup

    11/15/2021 | 01:35

    Setup the location master to print or search your fixed assets by order of location. A mandatory information for each fixed asset

    Fixed Asset Register - Location master Setup

    Created 11/15/2021
  • 11 Modify COA - Fixed Assets

    04/15/2023 | 02:22

    Learn how to update the fixed asset account name to your company chart of accounts

    11 Modify COA - Fixed Assets

    Created 04/15/2023
  • Asset Group

    11/16/2021 | 01:18

    Asset group are pre-set to be linked to chart of accounts of their depreciation expenses and accumulated depreciation accounts and other related accounts. A mandatory information in each fixed asset

    Asset Group

    Created 11/16/2021
  • Category Master (Fixed Asset)

    11/21/2021 | 00:56

    Setup fixed asset category to further organise asset groups when printing

    Category Master (Fixed Asset)

    Created 11/21/2021
  • Asset group default setting

    11/16/2021 | 02:07

    Learn how to preset depreciation method, residual value and useful life in each asset group

    Asset group default setting

    Created 11/16/2021
  • Reference number setting for fixed asset postings

    11/15/2021 | 00:15

    All postings must have reference number for tracking and verification across modules. Learn how to setup your reference number for fixed asset postings

    Reference number setting for fixed asset postings

    Created 11/15/2021
  • Fixed asset b/f from last period (Opening balances)

    11/21/2021 | 03:48

    Learn how to take in the existing physical fixed asset items into Realtimme Cloud fixed assets register brought forward from last period

    Fixed asset b/f from last period (Opening balances)

    Created 11/21/2021
  • Payment for purchase of fixed assets

    11/25/2021 | 01:03

    Learn how to make a payment for a purchase of a fixed asset, following that, to record the new addition into the fixed asset register

    Payment for purchase of fixed assets

    Created 11/25/2021
  • Addition of fixed assets

    11/25/2021 | 01:53

    Afer recording the purchase of fixed asset in the payment module, you are ready to record the new addition of fixed asset into the FA register

    Addition of fixed assets

    Created 11/25/2021
  • Generate monthly depreciation to general ledger

    11/21/2021 | 01:48

    As part of your monthly balance sheet reporting, process your monthly depreciation from the depreciation schedule generated by the system to your general ledger

    Generate monthly depreciation to general ledger

    Created 11/21/2021
  • Print fixed asset monthly schedule report

    11/21/2021 | 00:57

    Print your monthly fixed asset schedule report as part of your supporting document for balance sheet

    Print fixed asset monthly schedule report

    Created 11/21/2021
  • Proceeds from sale of fixed asset with Gain or loss in disposal

    11/21/2021 | 02:47

    Fixed asset disposed off before the useful life will have gain or loss in asset disposal. System will auto post GL journal when recorded a disposal.

    Proceeds from sale of fixed asset with Gain or loss in disposal

    Created 11/21/2021
  • Inactive fully depreciated fixed asset

    11/21/2021 | 01:33

    Fixed asset that are fully depreciated and no more in use, is to be set as inactive and reverse out from the balance sheet

    Inactive fully depreciated fixed asset

    Created 11/21/2021
  • Sum of year digit method

    07/13/2014 | 02:27

    Learn how to set the depreciation methoud using sum of digit and the calculation to arrive at yearly depreciation value

    Sum of year digit method

    Created 07/13/2014
  • FAQ : Multiple units of the same FA

    07/12/2014 | 02:14

    To keep the record as a total or individual asset?

    FAQ : Multiple units of the same FA

    Created 07/12/2014
  • FAQ : Residual value / Disposal value

    07/13/2014 | 02:00

    Learn how to set the residual value of the fixed asset or to account for the fixed asset after the useful life

    FAQ : Residual value / Disposal value

    Created 07/13/2014
  • FAQ : Impairment of fixed assets

    07/13/2014 | 01:58

    Learn how to manage the existing fixed asset when there is a impairment of some items in the list

    FAQ : Impairment of fixed assets

    Created 07/13/2014
  • Fixed Asset Register - Location master Setup
    11/15/2021 | 01:35
    Fixed Asset Register - Location master Setup
    01:35 >

  • 11 Modify COA - Fixed Assets
    04/15/2023 | 02:22
    11 Modify COA - Fixed Assets
    02:22 >

  • Asset Group
    11/16/2021 | 01:18
    Asset Group
    01:18 >

  • Category Master (Fixed Asset)
    11/21/2021 | 00:56
    Category Master (Fixed Asset)
    00:56 >

  • Asset group default setting
    11/16/2021 | 02:07
    Asset group default setting
    02:07 >

  • Reference number setting for fixed asset postings
    11/15/2021 | 00:15
    Reference number setting for fixed asset postings
    00:15 >

  • Fixed asset b/f from last period (Opening balances)
    11/21/2021 | 03:48
    Fixed asset b/f from last period (Opening balances)
    03:48 >

  • Payment for purchase of fixed assets
    11/25/2021 | 01:03
    Payment for purchase of fixed assets
    01:03 >

  • Addition of fixed assets
    11/25/2021 | 01:53
    Addition of fixed assets
    01:53 >

  • Generate monthly depreciation to general ledger
    11/21/2021 | 01:48
    Generate monthly depreciation to general ledger
    01:48 >

  • Print fixed asset monthly schedule report
    11/21/2021 | 00:57
    Print fixed asset monthly schedule report
    00:57 >

  • Proceeds from sale of fixed asset with Gain or loss in disposal
    11/21/2021 | 02:47
    Proceeds from sale of fixed asset with Gain or loss in disposal
    02:47 >

  • Inactive fully depreciated fixed asset
    11/21/2021 | 01:33
    Inactive fully depreciated fixed asset
    01:33 >

  • Sum of year digit method
    07/13/2014 | 02:27
    Sum of year digit method
    02:27 >

  • FAQ : Multiple units of the same FA
    07/12/2014 | 02:14
    FAQ : Multiple units of the same FA
    02:14 >

  • FAQ : Residual value / Disposal value
    07/13/2014 | 02:00
    FAQ : Residual value / Disposal value
    02:00 >

  • FAQ : Impairment of fixed assets
    07/13/2014 | 01:58
    FAQ : Impairment of fixed assets
    01:58 >