Fixed asset report

After importing your Assets and Accumulated Depreciation, the balances shown in the Fixed Asset Report should match the balances for the related Asset and Accumulated Depreciation accounts in your General Ledger (GL) as of the start accounting month. 

By default, when creating a new fixed asset through a supplier invoice, the acquisition date of the asset is set to the invoice date. However, this can pose a problem if the accounting month associated with the invoice is already closed.

For instance, if you have closed the September 2020 accounting month, and during the subsequent October accounting month, you enter a 'late' supplier invoice dated September 15th. In this scenario, instead of the fixed asset acquisition date defaulting to September 15th, it will default to October 1st to align with the current accounting month. If needed, you can edit the acquisition date directly on the fixed asset page at a later time.

To generate a Fixed Asset Report: 

1. Navigate to ACCOUNTING > General Ledger > Fixed Assets. 
2. Click on Fixed Asset Report. 
3. Click EXCEL, EXPORT or PREVIEW to view the report.