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Chapter 32

Fixed assets

The company's own assets (vehicles, equipment, devices, buildings): cost, monthly depreciation and net book value, expenses per asset, plus transfers, counts and disposal. Not customer-site equipment — that belongs to the project file.

FADx ERP 1.88.31
Fixed assets — cost, accumulated depreciation and book value
Fixed assets — cost, accumulated depreciation and book value

Common workflows

  1. 1

    Record an asset

    "+ Fixed asset" for an existing asset or a cash purchase; or from the purchase invoice in the Journal → "Fixed asset".

  2. 2

    Monthly depreciation

    The monthly depreciation tab → pick the month → "Calculate (preview)" → "Post depreciation".

  3. 3

    An expense on an asset

    The asset file → "Expenses" → choose **capital** (raises its value and redistributes depreciation) or **revenue** (maintenance and fuel — a period expense).

Messages you may see — and what to do

  • "An earlier month has not been posted"

    Depreciation runs in order — post the earlier months first.

  • "Post depreciation up to … first"

    On disposal: gain or loss is computed on the true net book value.

  • "Specify the expense type"

    Capital or revenue — the accountant's decision, never assumed.

  • "Receive the goods first"

    A purchase invoice line becomes an asset only after receipt.

  • "Link the retained earnings account"

    An asset with a revaluation surplus transfers it there on disposal.

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