Fixed Asset Types

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

1. Navigate to the Fixed Asset Types tab in Oval Administration.
2. Click on New.
3. Enter the Fixed Asset Type Name.
4. Select the Company Entity.
5. Select the ‘Is Active?’ checkbox.
6. Select the Depreciation Method.
7. Select the Depreciation Frequency.
8. Select the Ledger Account Information.
9. Click on Save.

The Fixed Asset has been setup.

End of Article.