Exploring fixed assets transactions
In this section, we will explore fixed assets transactions starting from acquisition transactions by acquisition journal, acquisition through purchase order, depreciation, disposal scrap, and fixed assets reversal transactions.
In order to record and post an acquisition journal, as shown in the following screenshot, go to Fixed assets | Journals | Fixed assets. Create a new journal by pressing Ctrl + N on the journal line, go to Proposal and select Acquisition proposal, and then go to select a query to identify the asset number, which will be acquired.
Note that if the acquisition price is not identified, the acquisition ...
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