Fixed assets in SwiftlyBooks

Put a new asset to use

1. An approved bill line to an asset account waits under To check.
2. Press Check and put to use, and check its Category, In use from and depreciation.
3. For several on one line, such as five laptops, set As to make one asset each.
4. Press Put to use. It is numbered then.

Add one you already own

1. Press Add an asset, with its cost and its Depreciation to date.
2. Press Add it. It posts nothing, as its balances came with your opening balances.

Run depreciation

1. Press Run depreciation, and check the month's charge by category and branch.
2. Press the button that names the month, such as Run October 2026.
3. To put a run right, press Undo while its month is open, and run it again.

Sell or write it off

1. Open the asset and press Sell, then Draft the invoice. Approving the invoice posts the disposal.
2. Or press Write off: its carrying amount goes to Loss on disposal.

Good to know

• An asset from a bill isn't depreciated until it is checked.
• A new life, residual value or method applies from the next run. Past depreciation stays as posted.

Related

• Capital allowances
• Bills
• Close the month
• Opening balances
• Close the month