Simply specify what is fixed assets & their components?

What is asset book and what are the mandatory setups for this & what are the validation types in Fixed assets?

Questions by arjunvenkat

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  • Jul 11th, 2013

Fixed asset is which ever item is not transferable into cash easily is nothing but fixed asset

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Laukesh Choudhary

  • Dec 29th, 2014

Asset other than the current asset asset is Fixed asset. Current asset are the asset which are converted into cash or sale within One year max.

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