FlairSuite video tutorial
Register 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.
Transcript
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Welcome to FlairSuite. In this short video, we will register a new fixed asset, a laptop for the sales team, so the system can track what it is worth as it gets older.
First, sign in with your username and password.
Assets are under Inventory, Assets, Assets List. It shows everything your company owns, with what you paid for each item and what it is worth today. To register a new one, click Add Asset.
Give the asset a description you will recognise, like the serial number. Then choose its product, which decides the asset category and its accounts, and the department that uses it.
Enter what you paid, one thousand two hundred dinars, and its useful life in years, here three. Then choose the purchase date. The asset ID is filled in for you when you approve.
Click Next to save the asset. This step shows its depreciation schedule, how its value goes down month by month until it reaches zero. The schedule is worked out when depreciation is set to monthly in your asset settings.
If everything looks right, click Finish. The asset is approved and gets its own asset ID. New assets are added at the end of your assets list, so go to the last page to find it, with its product, department and purchase cost.
Click the asset to open its page. Here you see what it is worth today next to what you paid, with its depreciation schedule below when depreciation is monthly. You can keep the purchase receipt and notes on the Attachments and Notes tabs. Use Modify to change its details later, and Disposal when it is sold or written off.
That's it. We added an asset, checked its depreciation schedule, approved it and opened its page to see its current value. Thank you for watching.
Keep learning
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Length 1:30Import your products from Excel
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