| Fixed Assets Fields | |
|---|---|
| Column Name | Description |
| Asset account no | This is the account where the asset value is held - it will be debited when the "Create Asset" Button is pressed |
| Offset Account No | This is the account that is credited when an asset is placed in service. |
| Depreciation expense | This is the account that is debited when depreciation is taken |
| Accum Depreciation account no | This is the account that is credited when deprecation is taken |
| Gain / Loss Acct No | This is the account that is used when a gain or loss is created on retirement. |
Overview
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