How Do I Journalize New Assets

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  • KamogeloD
    New Member
    • Mar 2022
    • 3

    #1

    [Question] How Do I Journalize New Assets

    Good day all
    1.How do i journalize new assets on pastel.
    2. How do I account for depreciation and accumulated depreciation
    I am fairly new to the software please dont judge me

    Regards
  • dellatjie
    Silver Member

    • Sep 2012
    • 335

    #2
    Hi there,

    1. How was the assets purchased. Cash or on credit?
    2. Have you set up a fixed asset register yet?

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