Fixed Assets

Fixed Assets is the register of the long-lived things the business owns — laptops, machinery, vehicles, furniture, buildings — and the depreciation that spreads their cost over their useful life. Advanced plan.

Left rail: Overview · Assets · Categories · Reports. Departments live at Settings → Organization and are shared with HRMS; Asset locations (sites, buildings, rooms) at Settings → Fixed Assets. A cost centre is a value of the Cost Center analytic dimension (Chapter 22, Analytic Dimensions): set it on the asset's Analytic dimensions field and every posting the asset makes — putting it in use, depreciation, disposal — carries it, so the Profit & Loss filtered by that cost centre shows the depreciation.