Home > Managing Company Information > Managing Fixed Assets

Managing Fixed Assets

Your company probably has items that are not inventory items, such as desks, buildings, and other equipment. You can specify these items as fixed assets and manage them with Brass Jacks Bookkeeper.

The Transaction tab in the Fixed Asset Detail dialog box shows all the depreciation transactions for the fixed asset. You can print this information by clicking Print.

When a fixed asset is totally depreciated, Brass Jacks Bookkeeper automatically specifies that it is fully depreciated. When you sell a fixed asset Brass Jacks Bookkeeper automatically generates a final transaction based on the sales price and the residual value.

To view and manage fixed assets:

1. Choose Inventory > Manage Fixed Assets.
2. Review the items listed in the Fixed Assets dialog box. You can view an item's name, the date it was acquired, and it's current value.
   By default, Brass Jacks Bookkeeper only lists items that are still owed by the company.
3. To include and view items that have been sold, select the Include Sold Assets check box.
4. To view details about an existing fixed asset (including any associated transactions) and possibly edit the information, double-click the item or select the item and click Detail. Then click OK. (For information, see Editing Fixed Asset Information.)
5. To add a new fixed asset, click the Add button, or if the new fixed asset is similar to an existing one, select the item and click Copy. Enter the required information and click OK.
   (For information, see Adding Fixed Assets.)
6. To delete a fixed asset, select the item and click Delete. Then, in the confirmation message box, click Yes.
7. To save any changes and close this dialog box, click OK.