The asset register in VisionVPM is used to maintain a list of fixed assets in your clinic, together with information about those assets such as the depreciation rate, purchase date, and purchase price.
To enter an Asset Record
Go to: Main menu > General Ledger module > General Ledger menu > Asset Register.
From the Asset List window, click Insert, and then in the Description field, type a description of the asset.
Select a Depreciating Type, and then in the First Year Rate field, type the depreciation rate that will be used.
The Standard Rate field will automatically display the percentage entered in the First Year Rate field. Refer to your accountant for Depreciation Rates.
In the Purchase Date and Depreciation Date fields, type the date the asset was purchased and the date it will be depreciated.
In the Purchase Price and Current Value fields, type the price paid and the current value of the asset.
Click the Depreciation A/c and Asset Account arrows, and double-click to select the code of the general ledger accounts to which the asset relates.
Note: If the asset has been sold, type the date when the asset was sold and the sale amount in the Sale Date and Sale Price fields.
Click the Department arrow, and double-click to select the code of the department to where you want the depreciation amount to be accumulated.
Click Save.
To Edit an Asset
Go to: Main menu > General Ledger module > General Ledger menu > Asset Register > SelectAsset.
