Set up Fixed Assets
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      2. Fixed Assets
      3. Set up Fixed Assets

      Set up a fixed asset journal template 

      Overview:  

      • Learn how to set up a fixed asset journal template 

      Why set up a fixed asset journal template? 

      A Fixed Asset Journal Template ensures consistency when recording fixed asset transactions. 

      How to set up a fixed asset journal template? 

      1. Search for FA Journal Templates on the top right-hand corner of the page.  
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      2. Select the related link. The administration page displays.  
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      3. Select +New action menu to set up a new FA journal template.  
      4. Fill in the following fields: 
        1. Name: Enter a unique name for the journal template 
        2. Description: Provide a brief description of the journal template 
        3. No. Series: Specify unique identifier or document number to the journal entries.  
        4. Posting No. Series: This is optional. You can assign a unique identifier to the resulting ledger entries when the journal is posted. 
        5. Recurring: Select the checkbox if the journal template is for recurring entries. 
        6. Source Code: Shows where the entry was created. 
        7. Reason code: An optional supplementary code used to trace the entry. 
        8. Increment Batch Name: Select this checkbox to automatically increment batch names for the journal template. This is optional. 
      5. You’ve set up a FA journal template.  

      Note: Select Batches action menu in the FA Journal Templates page to set up the FA Journal Batches and fill in the required fields.  

       

      What’s next? 

      Find out how to set up a fixed asset journal.

      If you have any questions, please reach out to support@wiise.com