If your company has assets, like a company car or expensive office equipment, you can record them as fixed assets in Sage 50 Accounts Professional. Once set up as a fixed asset, when you run the Month end option, the depreciation is automatically posted.

We'll show you how to create a fixed asset record in the steps below.

NOTE: Creating a fixed asset doesn't post any transactions to the audit trail. To record the purchase of a fixed asset, post either a supplier invoice or batch payment.

1. On the menu bar click Modules, then click Fixed assets.
2. Click New then enter your asset details. Read more about the asset record fields here >
3. To save the asset record click Save, then click Close.

You've successfully created a new record. The fixed asset starts to depreciate when you next run the Month End option and select the Post Depreciation check box. Read more >

 TIP: You can import fixed assets records into Sage 50 Accounts. This is handy if you need to add multiple records. Read more >