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How to create a fixed asset GL account

A fixed asset GL account in Odoo is an account that is used to track the value of fixed assets such as property, plant, and equipment.

1. Go to  Accounting > Configuration > Chart of Accounts 
 
  

2. Click on  New  to create a new general ledger account. 




3. Add in the relevant details.  



  • Code 
  • Account Number 
  • Type
  • Allow Reconciliation - this is related to the banking accounts, Outstanding Receipts , Outstanding Payments, Account Receivables or Account Payables. 
  • Account Currency 

Another way to do reconciliations is from the Accounting tab > Reconciliation.



4. To finish setting up the GL Account, click on Set Up.