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Accounting › Ledger

Asset Accounting

The register, and the four books that value it differently. Acquisition, transfer, revaluation, impairment, retirement and disposal are movements, not columns.

In Accounting → Ledger · 7 screens

ScreenKindWhat it is ColumnsFieldsActions
Asset Classes List What kind of thing it is, and where its postings go — so a hundred laptops do not each carry their own account determination typed by hand. 8 23 0
Depreciation Areas List One book’s opinion of an asset’s value. Area 01 posts to the ledger, 15 is the tax book and posts nothing, 30 is the group book — this is what parallel valuation actually is. 8 18 0
Depreciation Keys List The arithmetic: the method, the rate, what happens in the first period, and whether it switches. Declining balance that switches to straight line is MACRS, and is configuration rather than code because the rates change by statute. 7 11 0
Parallel Valuation List The same asset across every area: four rows, four written-down values, four lives, four methods — and the difference each carries against the leading book. 10 12 0
Asset Movements Read-only list Every movement of an asset, ever. The register is the sum of these — a column that was overwritten tells you what it is now and nothing about how it got there. 10 0 0
Depreciation Runs Read-only list Every posting area, or one. A test run calculates and posts nothing — which is the mode a controller actually uses. 10 0 1
Physical Verification List An asset register nobody has walked around with is a list of things that were bought, not a list of things that are there. 10 7 0

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