{"id":5029,"date":"2019-09-08T12:00:11","date_gmt":"2019-09-08T12:00:11","guid":{"rendered":"https:\/\/docs.daftra.com\/tutorial\/%d8%a5%d8%b6%d8%a7%d9%81%d8%a9-%d8%a3%d8%b5%d9%84-%d8%ac%d8%af%d9%8a%d8%af\/"},"modified":"2026-11-09T09:46:15","modified_gmt":"2026-11-09T09:46:15","slug":"adding-a-new-asset","status":"publish","type":"tutorial","link":"https:\/\/docs.daftra.com\/en\/tutorial\/adding-a-new-asset\/","title":{"rendered":"Adding a New Fixed Asset"},"content":{"rendered":"
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Assets are everything the business owns that has a monetary or economic value and brings it a future benefit, such as equipment, vehicles, and furniture, or software, patents, and trademarks. This guide explains how to add a new asset in the system, whether it\u2019s a tangible fixed asset or an intangible asset<\/strong><\/a>, and how to set up its depreciation or amortization.<\/p>\n

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\ud83d\udec8<\/span><\/p>\n

Before you start:<\/strong> Make sure the Accounting<\/strong> app is enabled in your account, and that your role includes the permission to add assets.<\/p>\n<\/div>\n

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Table of Contents<\/p>\n

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  1. How to access<\/strong><\/a><\/li>\n
  2. Steps to add the asset<\/strong><\/a><\/li>\n
  3. Adding an intangible asset<\/strong><\/a><\/li>\n
  4. Rules and restrictions<\/strong><\/a><\/li>\n
  5. Impact on the system<\/strong><\/a><\/li>\n
  6. Statuses and settings<\/strong><\/a><\/li>\n
  7. FAQs<\/strong><\/a><\/li>\n<\/ol>\n<\/div>\n

    How to access<\/h2>\n
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    1. From the main menu, click Accounting<\/strong>.<\/li>\n
    2. Click Assets<\/strong>.<\/li>\n
    3. Click Add Asset<\/strong>.<\/li>\n<\/ol>\n

      Or open the page directly: Add Asset<\/strong><\/a>.<\/p>\n

      Steps to add the asset<\/h2>\n

      First: Basic information<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n
      Field<\/th>\nDescription<\/th>\n<\/tr>\n
      Name<\/strong><\/td>\nThe asset name. Required.<\/td>\n<\/tr>\n
      Code<\/strong><\/td>\nGenerated automatically, and you can edit it.<\/td>\n<\/tr>\n
      Category Account<\/strong><\/td>\nThe accounting category of the asset, such as \u201cVehicles\u201d or \u201cFurniture\u201d. Required. It lists the main accounts under Fixed Assets<\/strong> in the chart of accounts.<\/td>\n<\/tr>\n
      Useful Life<\/strong><\/td>\nHow long the asset will be used, in Years<\/strong> or Months<\/strong>. Example: 5 years.<\/td>\n<\/tr>\n
      In Service Date<\/strong><\/td>\nThe date from which the asset starts being used and depreciated. Required.<\/td>\n<\/tr>\n
      Serial Number<\/strong><\/td>\nOptional, and can\u2019t be repeated between two assets.<\/td>\n<\/tr>\n
      Barcode<\/strong><\/td>\nEnter it manually, or click Generate Barcode<\/strong> next to the field. Optional, and can\u2019t be repeated between two assets.<\/td>\n<\/tr>\n
      Quantity<\/strong><\/td>\nThe number of units of this asset.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

      Second: Custody information<\/h3>\n