What to verify
Review the asset account, depreciation method, useful life, and assigned custodian before you rely on the schedule.
Ask the support agent
Just ask a direct question or search related articles from the Knowledge Base.
Support Center / Fixed Assets / Manage
Create a depreciation schedule for Fixed Assets
Register a Fixed Asset from Identification when it should depreciate over time, resulting in a depreciation schedule ready for assignment and posting.
Workflow
Step 1
Open the side menu
Use the highlighted control to continue through the workflow.
Step 2
Open Fixed Assets
Use the highlighted control to continue through the workflow.
Step 3
Review the transaction
Use the highlighted control to continue through the workflow.
Step 4
Check the one I just synced
Use the highlighted control to continue through the workflow.
Step 5
The status showing "Not Registered" meaning it's not depreciating yet
Confirm the page shows the expected result before continuing to the next step.
Step 6
Select Register button
Use the highlighted control to continue through the workflow.
Step 7
Review prefilled registration details
Enter the required values carefully so the schedule and journal-entry details calculate correctly.
Step 8
Confirm depreciation account defaults
Confirm the page shows the expected result before continuing to the next step.
Step 9
Select Description
Use the highlighted control to continue through the workflow.
Step 10
Select Depreciation Settings
Use the highlighted control to continue through the workflow.
Step 11
Open Register
Use the highlighted control to continue through the workflow.
Step 12
Select Asset registered successfully and depreciation schedule created
Confirm the page shows the expected result before continuing to the next step.
Step 13
Open Register
Use the highlighted control to continue through the workflow.
Step 14
All registered depreciation schedule are showing here
Use the highlighted control to continue through the workflow.
Step 15
Select Assign to assign the custodian
Use the highlighted control to continue through the workflow.
Step 16
Enter Custodian info
Enter the required values carefully so the schedule and journal-entry details calculate correctly.
Step 17
Enter "G&A"
Enter the required values carefully so the schedule and journal-entry details calculate correctly.
Step 18
Enter "CA"
Enter the required values carefully so the schedule and journal-entry details calculate correctly.
Step 19
Select ASSIGN
Use the highlighted control to continue through the workflow.
Step 20
Select Fixed Asset assigned successfully
Confirm the page shows the expected result before continuing to the next step.
Was this helpful?
Need more help?
Ask for human help about this article and provide any feedback.