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On this tab, you can select the fixed asset associated with the inventory item items specified on the Inventory tab. For each fixed asset, you can specify the accounting parameters for this fixed asset's depreciation.

Note. To link the inventory items listed on the Inventory tab with specific fixed asset, you must create a master record for this fixed asset first.

Note. If  If you purchased or created multiple identical units of the item which will be used as fixed assets, you must create a unique name and assign a unique ID to each unit of this item, that is you must create a separate fixed asset master record for each unit.

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Use the Useful Life (Months) field for entering the number of months the fixed asset is being planned to be used.

In the UOM field, select the unit of measure for usage.

The The UOM and Estimated Production Volume field is fields are used only for the fixed assets for which the Units of Production is selected as the depreciation method. You can enter the maximum usage in the specified UOMs required for full depreciation of the asset.

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