How to setup Asset account and Accum Deprn account by cost center

 

Hi,

Is there any suggestion on how to set up Asset account and Accumulated Depreciation by Cost Center in the Asset Categories in Fixed Assets? Depreciation expense account can be set by cost center. Can we also post the Asset account and Accumulated depreciation account by cost center.

Do we need to create Asset Categories by Cost Center? Any better way to handle it?

Thanks