I need to capitalise a Fixed Asset?

I need to capitalise a Fixed Asset?


a) Go to General Ledger -->> Chart of Accounts -->> Assets --->> Assets Accounts -->> create new account. (For example - Fixed Asset - Computer).

b) Go to General Ledger -->> Chart of Accounts -->> Expenses --> create a new account - Fixed Asset.

c) Go to Expense Tracker -->> Add Vendor -->> Enter Invoice (from you had purchased computer) and select expense head - "Fixed Asset".

d) Pass a journal entry Debit Account -->> Fixed Asset - Computer and Credit Account -->> Fixed Asset.
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