Categorize Fixed Asset transactions

Categorize bank transactions as Fixed Assets when they should be tracked for capitalization, resulting in transaction detail that can support Fixed Asset registration and ledger sync.

Workflow

Step 1

Open Bank Transactions

Start in Bookkeeping > Bank Transactions and select the bank accounts you want to review so transaction rows are visible.

Bank Transactions page with SP Testing 4ever selected and all bank accounts visible.

Step 2

Review a transaction

Choose a purchase that should be capitalized and confirm the date, bank account, amount, payee, and current category.

Bank Transactions table showing candidate transaction rows ready for categorization.

Step 3

Open the category

Use the category field on the transaction row to change the ledger account that will be used for the transaction.

Category picker opened from a Bank Transactions row.

Step 4

Find the asset account

Search for the fixed asset account that matches the asset type or capitalization policy.

Category picker filtered to a fixed asset account.

Step 5

Apply the category

Select the fixed asset account and wait for the row to show the updated category before reviewing the transaction detail.

Bank Transactions row updated with a fixed asset category.

Step 6

Review details

Open the transaction detail panel to confirm the transaction type, payee, category, class, department, and memo fields.

Transaction detail panel showing the fixed asset category and editable transaction fields.

Step 7

Check history

Review historical categorization context when Truewind shows prior activity or explanations that help validate the account selection.

Transaction detail panel showing historical categorization context and explanations.

Step 8

Sync to Ledger

Use Sync to Ledger only after the fixed asset category and transaction details are ready to post to the connected ledger.

Good review habit

Confirm the payee, category, dimensions, memo, and historical context before syncing the transaction to the accounting platform.

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