Fixed Asset Account Type
When account numbers are assigned Fixed Asset Account Types, personnel using the Fixed Assets module are able to find specific accounts easily.
You must have a valid license to use the Fixed Assets module of the Business Office in order for this drop-down list to appear on your screen.
A - Asset -
(N) Not an FX Account - Default
(F) Fixed Asset
(A) Accumulated Depreciation
(C) Cash or AR
(D) Debt
E - Expense -
(N) Not an FX Account - Default
(E) Depreciation Expense
(G) Gain or Loss
F - Fund Balance -
(N) Not an FX Account
I - Income -
(N) Not an FX Account - Default
(G) Gain or Loss
L - Liability -
(N) Not an FX Account - Default
(A) Accumulated Depreciation
(D) Debt
M - Not Active ( Balance Sheet) -
(N) Not an FX Account - Default
(F) Fixed Asset
(A) Accumulated Depreciation
(C) Cash or AR
(D) Debt
X - Auxiliary -
(N) Not an FX Account - Default
(E) Depreciation Expense
(G) Gain or Loss
(F) Fixed Asset
(A) Accumulated Depreciation
(C) Cash or AR
(D) Debt
N - Not Active (Income/Expense) -
(N) Not an FX Account - Default
(E) Depreciation Expense
(G) Gain or Loss