fixed-asset

Fixed Asset

RM800.00

Fixed Asset module in SQL Accounting Software helps businesses manage asset tracking, depreciation, and financial reporting accurately and efficiently. Group the asset items based on the following considerations.

a. Type of assets, eg. Motor Vehicle, Furniture, etc;
b. GL Account mapping.

 Subject to Service Tax (SST)

Maintain Asset Group

Field Name

Explanation & Properties

Code
  • Input the new Asset Group Code
  • Field type: Alphanumerical
  • Length: 20
Description
  • Input the Asset Group description, eg. Furniture, Motor Vehicle
  • Field type: Alphanumerical
  • Length: 200
Depreciation Method
  • Select an appropriate Depreciation Method to generate depreciation value
Fixed Asset
  • Select Balance Sheet GL Account code for Fixed Asset.
Accum Depreciation
  • Select Balance Sheet GL Account code for Accumulated Depreciation
Depreciation
  • Select P&L GL Account for Depreciation of Asset.
Disposal Gain
  • Select P&L GL Account for Gain from Disposal Asset.
Disposal Loss
  • Select P&L GL Account for Gain from Disposal Asset.
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