Select the property type for fixed assets in this group. Select Fixed asset to process regular assets in the usual manner. ...

Select the property type for fixed assets in this group. Select Fixed asset to process regular assets in the usual manner. Select Continuing property to capitalized property that exists for inventory purposes only, such as phones, radios, or mobile devices that fall below the capitalization threshold. Typically, you enter a service life of 0 (zero) for continuing property assets and exclude continuing property assets from the valuation report that you reconcile with the general ledger. Select Other to display intangible assets separately on the balance sheet. This field is used only for reports or searches.
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