Asset Type Accounts Subtab
You must enter account values if the tax method is linked to an accounting book. For more information, see Assets and Accounting Books in Multi-Book Accounting.
On the Accounts subtab, select accounts to post to for this asset type:
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Asset Account – Select the main asset cost account (balance sheet). When proposing new assets, the system searches for new transactions in this account.
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Depreciation Account – Select the account that tracks the accumulated depreciation (balance sheet).
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Depreciation Charge Account – Select the expense account for depreciation charges (period depreciation amount).
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Write Off Account – Select the account for the asset write-off expense.
Note:This account can't be the same as the Inventory Asset account selected for an item.
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Write Down Account – Select the account for the asset write-down expense.
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Disposal Cost Account – Select the account for the asset disposal (sale) expenses.
The following account fields are available only if your account subsidiary is set to France.
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Appropriations to Derogation Provisions Account – Select the expense account for recording derogatory depreciation. This account will be used if the tax method amount is higher than the accounting method amount.
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Derogation Provisions Written Back Account – Select the income account for recording derogatory depreciation. This account will be used if the tax method amount is lower than the accounting method amount.
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Derogation Provisions Account – Select the account that tracks the accumulated depreciation.