Add a non-depreciation account and schedule

Add a non-depreciation Fixed Asset account when an asset should be tracked without depreciation terms, resulting in a register entry with no depreciation schedule.

Workflow

Step 1

Select Fixed Asset setting

Use the highlighted control to continue through the workflow.

Step 2

Select Add Account

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Step 3

Select Select account..

Choose the option that matches the account, period, or schedule you are working with.

Step 4

Toggle on Non-depreciation asset and save

Use the highlighted setting to choose the behavior that matches the schedule or posting workflow.

Step 5

Open Register

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Step 6

Create the asset

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Step 7

Fill in the non-depreciating asset details

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Step 8

Toggle of Non-Depreciating Asset will be on in default

Use the highlighted setting to choose the behavior that matches the schedule or posting workflow.

Step 9

Open Register

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Step 10

Select Success…

Confirm the page shows the expected result before continuing to the next step.

Step 11

For non-dep assets, there's no terms in the schedule

Use the highlighted control to continue through the workflow.

Before you start

Confirm the asset account should be tracked as non-depreciating before you use it on a new Fixed Asset.

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