If you are transitioning to Xero from another software system, you can use the import functionality to set up all the fixed assets. Please see Section 4 for more details on importing and initial set up of Xero.
A fixed asset will go into draft on the fixed asset tab if either:
1. A bill has been created with the account code of a fixed asset, such as motor vehicles or computer equipment. The details from the bill will then prepopulate a draft asset.
function on the fixed asset home page will allow you to set up the new fixed
asset from scratch.
Once either of the above have been completed and the fixed asset is now in draft, you will then need to register the fixed asset, as shown below.
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