Register a fixed asset

The business bought something it will use for more than a year and its purchase is booked to an asset account; or an asset's name, serial number, warranty or tracking changes.

• For booking the purchase itself, use purchasing_create_bill.
• For something small booked as an expense at once, use books_record_expense.

What it does

Put an asset the business bought in the register, like Xero's fixed assets: a van, a machine, a laptop, with its cost, purchase date and the asset account its purchase was booked to (registering books nothing). method: straight_line over its life down to residual, declining_balance at rate_percent of its book value at the start of each fiscal year, full (all of it in the month it starts, for something cheap enough to write off at once) or none (land). averaging: full_month counts the month it starts in full, actual_days counts days. Depreciation goes to the depreciation expense and accumulated depreciation accounts (made as 6950 and 1590 when missing) unless expense_account and accumulated_account say otherwise. An asset depreciated before the books started brings opening_accumulated. To change one, pass asset: once its depreciation is booked, only its name, description, serial number, warranty and tracking change.

What comes back

asset: its number, cost, accounts, method, life or rate, residual value, accumulated depreciation, book value, the month it is depreciated through and an ordinary month's depreciation. Every reply also carries cost_usd and balance_usd.