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Menu Path: Accounting > Fixed Asset > Add Item

Fixed Asset is also known as Non-Current Assets and appears on the Debit side of the journal on the event of purchasing the asset and will appear on the Credit side of the journal on the event of disposal or sales. Fixed Asset will be valued at Historical Value in the Balance Sheet by deducting the depreciation value and will be sold or disposed at Market Value.

  • Select the company and create Item Code as well as the Item Name. 
  • As for the Item Category, 
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