Page History

Definition: What is it?

Assets are items of value that are owned by the business. They are shown as Balance Sheet accounts. There are different type of assets - fixed, current, intangible. Examples of assets include furniture. computer equipment, bank accounts and goodwill.

...

NOTE: Each country or region will have their own depreciation methods. Some of the more common ones are Straight Line, Diminishing Value. .. PLUS ADD SOME MOREOFBiz demo data includes depreciation methods for Straight Line and Double Declining Balance.

What is it used for?

TO DO:

What's on the screen?

TO DO: