nettTracker Tutorials: Fixed Assets

 

Updating your fixed asset register

nettTracker can make light work of your fixed asset register. In some instances you rarely need to log-in to update - nettTracker can fully automate additions and depreciation. Review your Asset Register settings within the getting started tutorials, and use the tools below as and when you need to.

2.1 - Importing Assets using Excel

Use the Excel import tool to set up your fixed asset register opening balances.

2.2 - Creating Assets Manually / Using Transactions

Create assets manually or using transactions detected from your accounting software.

2.3 - Kits (Grouping Assets)

Group multiple items together (i.e. stage payments) to to display as one value.

1.4 - Company settings: Financial Year

Review and update your default financial year. The ‘Financial year’ can be shortened or extended.

1.5 - Company settings: Accounting provider

Review the connection to the current accounting software provider, and switch if required.

1.6 - Company Settings: Nominal Accounts

General ledger (chart of accounts) synched with accounting software. Can also be created manually, or imported via Excel.

1.7 - Company Settings: Asset Register

Review the company settings that are specific to the Fixed Asset Register. This includes, Asset Groups, Depreciation Rules, Tax Depreciation, and Automation Settings.

1.8 - Company Settings: Accruals / Prepayments

Before creating any prepayments or accruals, some very basic settings need to be in place first. This short video, explains the settings that need to be checked.