Fixed Assets

Track, depreciate and dispose of the things your business owns.

Two quick things first

The reconcile prompt stays off until fixed assets are set up.

1 Choose a depreciation start date — the first day of the financial year you’ll start depreciating from.
2 Mark your fixed-asset accounts — set an account’s type to “Fixed Asset” in the Chart of Accounts (e.g. Computer Equipment) so coding to it triggers the register.

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No fixed assets yet

Assets appear here automatically when you code a bank transaction to a fixed-asset account during reconciliation. Or add one you bought before Cashbook.