Assets become fixed assets with book values

What moves

Asking to capitalise (or registering an asset above the threshold) makes accounting create a fixed asset; accounting's depreciation, revaluation and disposal flow back onto the asset.

Before you start

• Assets and Accounting in your plan
• A fixed-asset category set up in accounting
• Asset value above zero

Step by step

1. Asset managerAsset Management

   Presses Send to accounting on an asset with a cost.

   You see:The asset shows that accounting has been asked; a second click is refused.

2. SystemAccounting & E-Invoicing

   Creates the matching fixed asset once.

   You see:The fixed asset appears under accounting's fixed assets.

3. AccountantAccounting & E-Invoicing

   Runs depreciation as usual.

   You see:Book value and accumulated depreciation are written back to the asset record.

Related

• Accounting & E-Invoicing
• Asset Management
• Authors cannot approve their own accounting entries
• Credit is checked before an order is confirmed
• Credit limits are checked when a quote is sent
• A stock movement that could not post is fixed and posted
• A supplier's e-invoice becomes a bill that is approved
• Connections between modules