# Fixed Asset Setup

<span class="ts0">General ledger Fixed asset setup</span>

<span class="ts0">Setup the Fixed Asset Tab of the Fixed Asset cost account</span>

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3774).png)

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<span class="ts0">Create the fixed asset inventory item</span>

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3775).png)

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<span class="ts0">Check that the tick is on for Allow to TrackIT</span>

<span class="ts0"> </span>![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3776).png)

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<span class="ts0">Check minimum balance for transactions is setup</span>

<span class="ts0"> </span>![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3777).png)

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<span class="ts0">Check that Fixed Asset automatic schedule journal is active</span>

<span class="ts0">This is to ensure that the Fixed Asset Journal is run each night</span>

![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3778).png)

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<span class="ts0">Setup TrackIT group codes in order to group fixed assets together on one journal</span>

<span class="ts0">Similar type fixed assets</span>

<span class="ts0"> </span>![](https://hugeerp0.co.za/csp/webhelp/topics/images/image(3779).png)