FlairSuite video tutorial
Set up asset categories and products
Create an asset category with its accounts, then an asset product in it, ready to choose when you register an asset.
Transcript
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Welcome to FlairSuite. Before you register an asset, it needs a category and a product. In this short video, we will create both.
First, sign in with your username and password.
Asset categories are under System, Master Data, Asset Categories. A category groups similar assets, like computers or furniture. Click Add Category and give it a name, here IT equipment.
These three accounts are the assets account, the accumulated depreciation account and the expense account. They come filled in from your company defaults, and they decide where the asset's value and its depreciation are recorded in your books. Click Save to add the category.
Next, open Asset Products and click Add Product. Enter the product name, Office laptop, and a short code, then choose the category we just created, so the product uses its accounts, and save it.
If you have many products, Import Excel lets you add them all at once from a spreadsheet.
That's it. This product can now be chosen when you add an asset, which we show in the video Register a new asset. Thank you for watching.
Keep learning
More inventory, pos and fixed assets videos
Length 2:06Register a new asset
Add a fixed asset such as a laptop, see its depreciation schedule, approve it, then find it in your assets list and open its page.
Length 1:42Sell or write off an asset
Record that an asset was sold or is no longer used — its date, type and reason — send it to approval and find it in the Assets Disposal List.
Length 1:35Sell a product in sizes or colours
Create an attribute such as Size with its values and extra prices, ready to add to your products as variants.
Length 1:28Create your product categories
Add a product category; its inventory and cost of sales accounts are filled in for you, so you only type the name.
Length 1:58Add your first product
Create a stockable product with its category, unit, sale price and VAT, ready to receive into stock and invoice, then open its page to see its stock…
Length 1:30Import your products from Excel
Load several products at once from a spreadsheet, checked row by row before anything is saved.
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