expenses

How do I record the purchase of a fixed asset in Zoho Books?

Long term investments such as land, buildings and machinery are generally considered as fixed assets. These can be recorded as expenses in Zoho Books. To do so:

  • Go to the Expenses module from the left sidebar and click + New.

  • Click the Expense Account dropdown and select a Fixed Asset account.

  • Add the necessary details and click Save.

    Recording Fixed Assets

Now, your fixed asset purchase will be recorded. 

You can also learn about recording an asset depreciation in case your fixed asset depreciates in value.


Was this document helpful?
Yes
No
Thank you for your feedback!
Want a feature?
Suggest


Switch to smart accounting software. Switch to Zoho Books.   Start my free 14-day trial Explore Demo Account

Books

Online accounting software
for small businesses.