How to manage Fixed Asset ?

Last updated: Aug 4, 2026

Go to Menu Accounting -> Fixed Assets

  1. Create Fixed Asset Group

When Create Fixed Asset Group Now we can Add Fixed Asset

Go to Tab Registered Click Add

  1. Select Your Fixed Asset Group
  2. Write Your Fixed Name
  3. Select Purchase Date and Purchase Cost

Depreciation Settings

  1. Depreciation Start Date (in Localize) Select date you start Depreciation in Localizebook
  2. select Depreciation Method
  3. Write Your Useful Life (Years)
  4. select Averaging Method

Click Save Done

when Create Fixed asset already you can Go to Journal Entry

Go to Accounting > journal Entry

  1. Click Add Special > Add Depreciation Journal

Click save done

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