CenterPoint^® Fund Accounting - Create Fixed Asset Items Video - Duration: 16 min 51 sec

Fixed Assets Document

Depreciation of Fixed Assets Document

This video discusses how to create long term items you own, such as equipment, vehicles, buildings, and other depreciable items which are maintained in a separate list in CenterPoint and each fixed asset is assigned a General Ledger account. This provides the following benefits: summarization of fixed assets on a Balance Sheet and the ability to store additional fixed asset details that allow you to maintain and post depreciation transactions.

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