| 
 Fastbase Accounting System - Online Manual Asset Types  | 
Document 103407/1 
Entered Fri, 27 Jun 2003 15:32 by Peter Campbell 
Updated Fri, 27 Jun 2003 15:47 
Previous
  | 
 
Enter the type and description for each different asset type. 
 
Common examples include Furniture and Fittings (FF), Motor Vehicles (MV), Office Equipment (OE). 
 
Depreciation Method: 
Depreciation Rate: 
Enter the default depreciation method (Stright Line or Diminishing Value) and the depreciation rate for assets of this type. 
 
When you load a new asset and specify the type, the depreciation details will default to what is entered here. 
 
Control Accounts: 
Enter the asset and depreciation control accounts for this product type. If any account is the same as the company default (as set in Utilities - Module: Fixed Assets) leave it blank. 
  |