Fixed Assets

You can use Fixed Assets to manage the fixed assets in your company.

You can perform the following tasks:

  • Enter and track data for the property, plant, and equipment used by your organization.
  • Enter and capitalize assets, depreciate assets in multiple books, transfer assets within or between companies, and dispose of assets at the end of their life cycle.
  • Maintain periods and years of historical asset data through period-end processing.
  • Track data to the original document using powerful inquiries within products and across subsystems.
  • Use the reporting capabilities supplied with LN.

The results of financial depreciation and revaluation are posted to the General Ledger.