Set up Fixed Assets
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      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: FA journal batches let you create multiple journals, each linked to a specific journal template.

       

      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