Expensed Type Asset
I have entered an asset from Quick Additions which has an asset type of "Expensed".
These assets are not depreciated and are charged in a single period to an expense account.
In the assignments window under the Expense accounts i have given teh depreciation expense account.
When I run the depreciation this asset is not picked up as it is the functionality.
But I want to know how the amount is charged to an expense account and in which period.
Regards.