CCH Fixed Asset Register
Usage of Asset Class Nominals
This document elaborates on the setup and functions of Asset Class nominal accounts within the Fixed Asset Register. It details two main types of nominal accounts: Trigger Accounts, which activate the Fixed Asset Register during posting, and Posting Accounts, which manage automatic depreciation postings. The document provides a summary table categorizing various nominal accounts as either Trigger or Posting Accounts and their specific uses in relation to asset management, including entries for additions, disposals, and depreciation.