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Account type for 'Accumulated Depreciation'

By
Henry Padi Nyaunu
on 4/16/13, 7:30 PM 2,762 views

What account type should I create for an account like 'Accumulated Depreciation' which is a credit account in the balance sheet under fixed assets?

1
michel Guénard
On 4/16/13, 9:05 PM

Internal type should be set to "normal"

Account type should be set to "assets"

As per the standard chart of accounts that came with my installation on Saas mode

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Asked: 4/16/13, 7:30 PM
Seen: 2762 times
Last updated: 3/16/15, 8:10 AM