by admin | Sep 7, 2023 | AutoCount Fixed Asset Plugin
Chapter 8 – Asset Report Chapter 8.1 – Asset Disposal Report This administrative rule sets minimum standards for the disposal of fixed assets, which must be reported in the financial records. A specific asset that has been disposed of after the...
by admin | Sep 4, 2023 | AutoCount Fixed Asset Plugin
Chapter 7 – Asset Depreciation Chapter 7.3 – Depreciation Rate Revision Click Asset Register > Depreciation Rate Revision Maintenance. Depreciation Rate Revision for Straight Line Method only. Code: Key in Depreciation Rate Revision Code for system....
by admin | Sep 1, 2023 | AutoCount Fixed Asset Plugin
Chapter 7 – Asset Depreciation Chapter 7.2 – Depreciation Schedule Asset Depreciation Schedule shows depreciation over the asset’s life. For accounting and tax, the depreciation expense is calculated and used to write off the cost of purchasing...
by admin | Aug 29, 2023 | AutoCount Fixed Asset Plugin
Chapter 7 – Asset Depreciation Chapter 7.1 – Depreciation Posting Click Asset Register > Depreciation Posting. Fixed assets should be recorded in the general ledger’s asset control account and reconciled with the fixed asset values by posting...
by admin | Aug 29, 2023 | AutoCount Fixed Asset Plugin
Chapter 6 – Asset Transfer Chapter 6.1 – Asset Transfer Asset Transfer allows you to transfer assets between locations, departments, employees, and projects. You can transfer either a single asset or a list of assets. All transfers are recorded in Asset...
