On this tab, you can list the fixed assets created based on the inventory item specified on the Main tab. For each fixed asset, you can specify the accounting parameters for this fixed asset's depreciation.
provide general information about the items to be accepted for accounting as a fixed asset. Once the document is posted, the fixed asset is accepted for accounting. 
The "Fixed Asset Entry (create)" formClick Add on the toolbar to append a line to the document.. The Inventory tab
In the Fixed Asset Item column, you can select or create on the fly the inventory items that will become a fixed asset matching the inventory item specified on the Main tab or one unit of the inventory item.
In the Initial Cost column, enter the initial cost of the fixed asset or click the Distribute Amount button to distribute the item amount between the listed fixed assets.
In the Depreciation method column, you can select one of the following depreciation methods available:
- Straight Line: To calculate depreciation in equal monthly amounts during the fixed asset useful life.
- Units of Production: To calculate depreciation amounts proportionally to actual usage of the fixed asset.
Use the Useful Life (Months) column for entering the number of months the fixed asset is being planned for usage.
In the UOM column, select the unit of measure for usage.
The Amount of work for Calculation in Natural Units column is used only for assets for which the Units of Production selected as the depreciation method. You can enter the maximum usage in the specified UOMs required for full depreciation of the asset.
A check box selected in the Depreciate column indicates that for this asset the system will calculate depreciation in accordance with the selected method until the asset will be disposed of or fully depreciated. By default the depreciation starts in the month next to the date of the document.
A check box selected in the Depreciate in Current Month column indicates that depreciation must be calculated in the month when the asset was accepted for accounting.
The Expense GL Account column shows the default GL expense account selected for transactions with the fixed asset. If needed, you can assign another GL account from the Expenses section of COA.
In the Department column, you can specify the department associated with usage of this fixed asset.
In the Expense Item column, you can select an expense item associated with this fixed asset depreciation costs.
Use the Business Activity column to select the business activity with which this fixed asset is associated.
The GL Accounts column shows the default GL accounts to be used for the fixed asset depreciation.
In the Transaction Content column, provide a brief comment related to the fixed asset accepted to accounting .
The Fixed Assets tab toolbar buttons
The Distribute Amount button is used if you need to distribute the initial cost of the inventory item between the associated fixed assets. The only currently available option for such distribution is Evenly
The Characteristic column is available if the Enable Item Characteristics option is selected on the Administration > Settings > Purchasing and Warehouses form. In this column, you can specify additional properties of each item if the Use Characteristics option is selected for the item in its master record (see Items).
The Batch column is available, if the Enable Batches option is selected on the Administration > Settings > Purchasing and Warehouses form. In this column, you can specify the batch (lot) number for the items for which the Use Batches option is selected in their master records.
The Serial Numbers column is available if the Use Serial Numbers option is selected on the Administration > Settings > Purchasing and Warehouses form. For each serialized item (for which the Use Serial Numbers check box is selected on the Items form), click in the column to open the Serial Numbers dialog box. In this dialog box, you must enter the serial numbers according to quantity of the item.
In the Quantity column, enter the quantity of the item to be accepted as fixed assets. The UOM column is populated with the UOM associated with the item.
Use the Unit Cost column to specify the cost of one unit of the item ( as measured by the selected UOM).
The Total Cost columns is populated with the initial cost of the specified quantity of the item in the accounting currency. Notice that if the item was purchased by using a foreign currency, conversion to the accounting currency is performed automatically using the actual exchange rates of both currencies with respect to the national currency.
If you click the GL Accounts link, you can view the default accounts assigned to the asset and if needed replace them.
The Comment text box can be used to specify any additional information about this transaction.