Tag: Fixed Assets
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Asset cards, depreciation books, acquisition posting, disposals, the asset register-to-GL reconciliation, and why the decisions made in FA setup determine whether your asset register and your balance sheet agree at year-end. The Fixed Asset Card — What Every Asset Needs Configured Every physical or intangible asset tracked in BC has a Fixed Asset Card — the master…
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Asset books, depreciation methods, acquisition and disposal accounting, mid-year conventions, and the configuration decisions that determine whether your fixed asset register and your general ledger agree at year end — and why they so often don’t. Why Fixed Assets Is More Complex Than It Looks On the surface, fixed assets seems like a straightforward module:…