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The Register Fixed Asset Groups Window

In this window you register, modify or delete fixed asset groups. When you open this procedure, the cursor is automatically positioned in the Group field. A new code can then be entered to create a new fixed asset group. The name of the group can be entered here. To load an existing group, enter the group code or use the PopUp feature to select from already registered groups. The window will then display the different accounts and percentages that concern the external and internal accounting of the fixed asset group.

Under the heading Scheduled depreciation you have the following options: Fixed asset account, Depreciation provision, Depreciation account, Profit account, Loss account and Depreciation percent.

Under the heading Calculated depreciation you have the following options: Debit account (Calculated depreciation), Credit account (Calculated depreciation), Depreciation percent (Calculated depreciation).