Understanding the Method for Booking Assets from Inventory setting in Accounting Options
Within the Administration > Accounting > Accounting Options screen, there is a setting regarding Booking Assets from Inventory. The Capital Leases tab, Operating Leases tab, and Loans tab all contain this setting. The below videos will explain the setting, as well as show you what the GL Entries will look like and where they come from in each scenario.
- Click HERE for the video that discusses the Capital Lease > Method for Booking Assets from Inventory setting
- Click HERE for the video that discusses the Operating Lease > Method for Booking Assets from Inventory setting
- Click HERE for the video that discusses the Loans > Method for Booking Assets from Inventory setting
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