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How to store a financial asset on ADDA?

Step 1: Create asset category as ‘Financial’ under Setup tab.

Step 2: Click on ‘Create Asset‘ under Asset tab.

Step 3: Enter asset details. For Example,

Asset name: ex- SBI FD corpus fund
Tag no.: actual certificate no.
Cost : Principal asset amount.

Step 4: Click ‘Create asset’.

Step 5: Once the asset is created, click on ‘More details’ shown corresponding to it.

Here you can store more information like,

Note: Interest rate given by the bank, and what will be maturity amount.
Scanned doc: Store actual fd certificate
Set Reminder : Maturity date

Note: This entry is only for asset up keep. No impact in accounting.
Separate Financial entry for this FD and accrued interest is to be made in consultation with your auditor or accountant.

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