FAM and other Modules

An asset can be assigned to many books. The transactions can be posted to the General Ledger module depending on the book type.

To handle the buying and selling of fixed assets, you can use the Accounts Payable module, the Accounts Receivable module, and the Invoicing module of the Invoicing package. The financial transactions are posted to the General Ledger module directly or through Accounts Receivable, Accounts Payable, and Invoicing.