# Fixed Asset Incoming

<span class="ts0">In order to bring in a Fixed Asset, use the GRV document to do this</span>

<span class="ts0">Create a GRV / Purchase Invoice to bring in the Fixed Asset.</span>

<span class="ts0">If you are bringing in a fixed asset that is for an opening balance.</span>

<span class="ts0">Suggestion is to make the VAT / GST as zero because the Tax has already been taken into account.</span>

<span class="ts0">For take on, take the date back to the date that you want the fixed asset to run.</span>

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3780).png)

<span class="ts0">Create the Serial number for the item</span>

<span class="ts0">Enter the Brought into use date and residual value</span>

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3781).png)

<span class="ts0"> </span>

<span class="ts0">GRV ledger entries are updated with the fixed asset cost</span>

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3782).png)

<span class="ts0">TrackIT item created</span>

<span class="ts0"> </span>![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3783).png)

<span class="ts0"> </span>

<span class="ts0">TrackIT Fixed Asset information updated</span>

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3784).png)