Here you are able to manage your Fixed Assets account.

Create Fixed Assets account:

  • Go to the Account module in the left sidebar
  • Click on Create account button or press the Alt+N key
  • Select Fixed Asset ledger on Under group ledger drop down list

Field information for Fixed Assets ledger:

Under groupHere select the Fixed Assets account. 
Account NameHere write your account name. Mandatory field
Short/Alias NameHere write your account short name 
DescriptionHere write your account description 
HSN/SACHere write HSN/SAC code for your account. 
GST rate(%)Here select the GST rate for your account. 
Nature of transactionHere select the nature of the transaction for your account. 
Opening BalanceHere put your account opening balance. 
Is Active?Here if you select “Yes” then this account is shown in all modules and if you select “No” then this account is not shown in all modules.