Fixed Assets (2:24)

Fixed Assets (2:24)

4 Comments

ALEMU ARIMO
February 1, 2010 at 10:00 pm

I am accountant so i want to learn how to apply accounting operation in in application system.So I need the support in updating any application systems related to Accounting operation.
Thank you in advance

Helen
May 21, 2012 at 11:16 pm

When I try to add a new asset by clicking New Asset, the asset will be registered. But I can not locate it from the account transactions, neither from Spend Money transactions. How was this new added asset paid? It seems that the bank account information is not needed in this transaction. Can you please explain how this new asset was paid?

bisihwas
February 5, 2013 at 5:47 pm

I have depreciation schedule on excel sheet. It requires prorated calculation for new assets depending on when it was purchased and put to use. Say if an asset with a charge of 25% pa is purchased mid year, it needs to calculate depreciation for half year. The video does not say anything on this. Would love to hear from the xero -thanks

Matt Barnett in reply to bisihwas
February 7, 2013 at 7:58 am

Hi Bisihwas, Xero does account for apportionment of depreciation for the part year following asset purchase. More info here in our help guide.

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