How do I record and manage fixed assets in BUSY? How can I troubleshoot depreciation discrepancies?
To record and manage Fixed Assets in BUSY then follow the given steps:
Step 1: Go to Administration menu
Step 2: Click on Master option
Step 3: Then click on Item master
Step 4: Then click on ADD button
Step 5: Then create an item and then go to Specify Sale/Purcahse Account option shown in the left side of the window and select fixed asset account
Step 6: Then save the item master
Step 7: Go to Transaction menu
Step 8: click on Voucher
Step 9: Afterward, click on the ADD button to create a voucher and select particular item that you have created
Step 10: Then mentioned neccessary details and save the voucher
To Troubleshoot depreciation descrepencies:
Step 11: Go to the Display Menu
Step 12: Click on Depreciation Chart option
Step 15: Specify the depreciation account then you will chcek the list of depreciation account
Step 16: Then click on any of the account and you will get 2 option i.e Account Master and Account Ledger
Step 17: Then click Account master and while saving account, depreciation window will appear
Step 18: here you can check your given depreciation and save the master
Step 19: Then check account ledger and verify the depreciation