How Do I Journalize New Assets

[KamogeloD]

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]

Hi there,

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