Create and activate a purchased fixed asset

Steps

1. Open Accounting → Fixed Assets and add a fixed asset; create an asset category first if none is available.

2. Enter Asset name, category, external reference if needed, acquisition and in-service dates, cost, residual value and depreciation inputs.

3. Choose the location, custodian and optional room or existing maintenance asset, then choose Save asset draft.

4. Create an acquisition transaction for the draft with the effective date and approved expense/supplier-bill line or eligible receipt-and-invoice stock source; enter any required quantity and reason.

5. Choose Create transaction draft, review it in Transactions, then Submit for an independent checker to Approve and Post to ledger.

6. Confirm activation, carrying values and the linked ledger/stock movements. A saved asset draft alone does not capitalize a purchase.