A fixed-asset account carries its depreciation defaults, which pre-fill the register.
Coding a purchase to this account pre-fills these in the register and suggests the IRD rate from the asset's name. Both stay editable per asset.
Fixed-asset settings hold the org-wide defaults (prefix, start date, disposal account).
Chart of Accounts — a fixed-asset account's depreciation defaults. Marking an account's type as Fixed Asset reveals its depreciation defaults — the accumulated-depreciation + depreciation-expense accounts. There are no asset types (removed 2026-06-10); the defaults live on the account and pre-fill the register when you code a purchase to it, where they stay editable per asset. The IRD rate is suggested from the asset's name.