Asset Category tab

Use the Asset Category tab to specify costs for an asset category within a configuration set based on pre-defined accounts for the asset category. This tab is independent of the selected account in the configuration area.

If a depreciation method was specified for the category, you can expand the category to view additional information by clicking the down arrow. The additional lines show:

  • The account for the tax write off of the depreciation.
  • The account for the depreciation value.
  • The account for the cost of the asset.

When you specify a value and press Enter, the additional rows are updated to show their portion of the expense. This amount is determined by built-in calculations.