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Entry 20: Fixed Assets (manual)

Example entry 'Fixed Assets' in the 'Fixed Assets' journal after the action 'Process Fixed Assets'. Transaction type 18 Fixed Assets.

 

 

 

Manual: Fixed Assets
   
 Transaction Type: 18 Fixed Assets
 Action: Process Fixed Assets
 Journal: Fixed Assets (92)
 Note: Activation occurs before depreciation
   
Seq.no. Description G/L Account Amount Type DC Transaction Subtype G/L Origin
1 0131/1: Dell PowerEdge R540 / FileCap-svr (activation) 0020 (Computers) € 6020,84 Debit 64 Activation Fixed Assets Group
2 0131/1: Dell PowerEdge R540 / FileCap-svr (activation) 2700 (Suspense Account Fixed Assets) € 6020,84 Credit 64 Activation Fixed Assets Group
   
   
 Transaction Type: 18 Fixed Assets
 Action: Process Fixed Assets
 Journal: Fixed Assets (92)
 Note: Depreciation
   
Seq.no. Description G/L Account Amount Type DC Transaction Subtype G/L Origin
1 0131/1: Dell PowerEdge R540 / FileCap-svr (depreciation) 4721 (Depreciation Costs Computers) € 100,34 Debit 63 Depreciation Fixed Assets Group
2 0131/1: Dell PowerEdge R540 / FileCap-svr (depreciation) 0021 (Depreciation Computers) € 100,34 Credit 63 Depreciation Fixed Assets Group

 

 

Explanation

  • Transaction Type = the journal entry resulting from the action has this transaction type.
  • Action = the action executed by the user.
  • Journal = the journal addressed.

 

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general ledger accountdepreciatejournalfinancial transactionassetamountactivatetransaction typetransaction subtypetransaction type 18 fixed assetstransaction subtype 63 depreciationtransaction subtype 64 activation