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How do I create a fixed asset account with depreciation?

on 4/10/13, 11:16 AM 3,255 views

In Chart of Account, How do I create a Fixed Asset Account with Depreciation?

From Warehouse when product is received, how do I transfer product to Fixed Asset?

Thank you



You can create supplier invoice to create asset in the assets list (Install account_asset) module.


Thank you Mustufa. So how to calculate depreciation? Some products will be depreciated over a period of 3 some 10.

on 4/11/13, 4:17 AM

When you install account_asset, in configuration you will see Asset> Asset Categories. There you can set Depreciation method and other config for that particular asset category. Or under Invoicing> Assets> Assets, when you create a new asset, you can calculate depreciation of the asset.

Hope this helps.

Thanks, Serpent Consulting Services.

Serpent Consulting Services Pvt. Ltd.
on 4/11/13, 11:35 AM

Thank you Serpent Consulting :)

on 4/12/13, 1:18 AM

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Asked: 4/10/13, 11:16 AM
Seen: 3255 times
Last updated: 3/16/15, 8:10 AM