- Setting up Fixed Assets
- Adding Fixed Assets and Opening Balances
Setting up a client’s Fixed Assets and adding Asset Pools are more advanced aspects of switching a client to Xero. This course will teach you to set up Fixed Asset Pools and calculate depreciation on Fixed Assets so they can be listed as an expense on a tax return for a given reporting period. Getting the Fixed Asset implementation right during set-up saves you time, because your books will be balanced throughout the year.
- Fixed assets