Creating journal entries for assets

  1. Select Manage Assets.
  2. On the Unreleased tab, open an asset record.
  3. On the Journal Entries tab, click Create.
  4. Specify this information:
    Company
    Select a company number.
    Asset
    Select an asset number.
    Book
    Select a book name.
    Transaction Date
    Select the date of the journal entry transaction. This date is used for posting transactions to Global Ledger.
    Asset Account Type
    Select an asset account type.
    Account
    Select the account information for the distribution.
    Transaction Amount
    Specify an amount of the asset transaction in the currency of the transaction.
  5. Click Save.