Fixed asset journal entries
September 2026. The depreciation entry to post, the assets behind it, and entries for disposals and assets placed in service this month.
Depreciation entry to post
| Account | Debit | Credit |
|---|---|---|
| 6400 Depreciation expense | 8,093.25 | |
| 6450 Amortization expense — software | 1,000.00 | |
| 1590 Accumulated depreciation | 8,093.25 | |
| 1595 Accumulated amortization — software | 1,000.00 |
Accounts come from each asset's category (Setup lists). An administrator can change them there.
By asset
| Asset | Debit account | Credit account | Amount |
|---|---|---|---|
| FA-1001 Laptops (8), 14-inch | 6400 Depreciation expense | 1590 Accumulated depreciation | 622.00 |
| FA-1002 Rack servers (2) and storage | 6400 Depreciation expense | 1590 Accumulated depreciation | 1,296.00 |
| FA-1003 Conference room furniture | 6400 Depreciation expense | 1590 Accumulated depreciation | 223.22 |
| FA-1004 Workstations (24) | 6400 Depreciation expense | 1590 Accumulated depreciation | 368.57 |
| FA-1005 Suite 200 build-out | 6400 Depreciation expense | 1590 Accumulated depreciation | 1,408.33 |
| FA-1006 Pallet racking | 6400 Depreciation expense | 1590 Accumulated depreciation | 500.00 |
| FA-1007 Cargo van | 6400 Depreciation expense | 1590 Accumulated depreciation | 925.31 |
| FA-1008 Packaging line | 6400 Depreciation expense | 1590 Accumulated depreciation | 1,092.27 |
| FA-1009 Security camera system | 6400 Depreciation expense | 1590 Accumulated depreciation | 237.67 |
| FA-1010 Phone system | 6400 Depreciation expense | 1590 Accumulated depreciation | 273.34 |
| FA-1011 Charging stations and wiring | 6400 Depreciation expense | 1590 Accumulated depreciation | 227.50 |
| FA-1012 ERP implementation | 6450 Amortization expense — software | 1595 Accumulated amortization — software | 1,000.00 |
| FA-1014 Electric forklift | 6400 Depreciation expense | 1590 Accumulated depreciation | 584.50 |
| FA-1015 Suite 200 conference room AV | 6400 Depreciation expense | 1590 Accumulated depreciation | 334.54 |
Disposals
No assets disposed of this month.
Proceeds post to Cash — proceeds from asset sales and the gain or loss to Gain or loss on disposal of fixed assets; an administrator can rename them in the company profile.
Assets placed in service
Only if your books don't already record these purchases through payables: the credit goes to Fixed asset clearing, which you can rename in the company profile.
No assets placed in service this month.