Fixed Assets

The Fixed Assets tab in Oval Accounting is where you can create Fixed Assets and associate with Fixed Asset Types. In order to do this, follow these steps:

  1. Navigate to the Fixed Assets tab in Oval Accounting.
  2. Click on the New button.
  3. Enter the Fixed Asset Name.
  4. Search for the Fixed Asset Type this Fixed Asset is associated with.
  5. Search for the Company Entity.
  6. Enter a Purchase Date and Purchase Cost.
  7. If required, Asset Information can be entered like Location and Description.
  8. Enter the Financial Information and then click on Save.

The new Fixed Asset has been created.

End of Article.