I have been asking how do I create an asset register in the system as I have failed to register them in current ERPnext system,Members, kindly help
Deus
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Hello Mac,
Little more detail on your expectation will be helpful.
Do you want the valuation of the asset to reflect under Fixed Asset group in Chart of Account? Or is Asset Register an accounting report? Please elaborate.
If perpetual inventory valuation is activated for your account, you can create separate warehouse for the fixed asset. You can move ledger for that warehouse into Fixed Asset group. Balance of this account will indicate total valuation of your assets.
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Thanks Umair for your prompt response,
What I think I want to see is the asset inventory, record all company asset (name, when was it bought, from who, the cost and condition/status)
I would also think on how to put depreciation that can be either depreciating and appreciating from year to year.
I don't think if it should be under Fixed Asset group in Chart of Account. I think it needs to be a separate item and I don't know whether to be like how we have stock or else.
On Monday, 15 September 2014 14:29:54 UTC+3, Umair wrote:
Hello Mac,
Little more detail on your expectation will be helpful.
Do you want the valuation of the asset to reflect under Fixed Asset group in Chart of Account? Or is Asset Register an accounting report? Please elaborate.
If perpetual inventory valuation is activated for your account, you can create separate warehouse for the fixed asset. You can move ledger for that warehouse into Fixed Asset group. Balance of this account will indicate total valuation of your assets.
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Dear Umair,
The attached template is a sample of what I wanted to see in
the system so that it becomes a management system for assets and can tell where
the asset is located and who owns it and what is the condition
On Monday, 15 September 2014 14:29:54 UTC+3, Umair wrote:
Hello Mac,
Little more detail on your expectation will be helpful.
Do you want the valuation of the asset to reflect under Fixed Asset group in Chart of Account? Or is Asset Register an accounting report? Please elaborate.
If perpetual inventory valuation is activated for your account, you can create separate warehouse for the fixed asset. You can move ledger for that warehouse into Fixed Asset group. Balance of this account will indicate total valuation of your assets.
–
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