This chapter describes the process of maintaining and depreciating fixed assets efficiently using Exact Fixed Assets. The description of the functions in this chapter is based on the steps you need to take to record depreciation of your assets. Exact Fixed Assets enables you to choose any depreciation method that you want. You can change to another depreciation method until a particular asset is actually depreciated. You can also record various data relating to the assets e.g. currencies, cost centers, subsidy amount, etc.

Exact Fixed Assets can be linked to Exact Finance. By linking these programs, data from the purchase journal in Exact Finance will be created in Exact Fixed Assets automatically. Journal entries that are created from Exact Fixed Assets will also be created in Exact Finance automatically.