This form allows to rename built-in Fixed assets, at cost account.
To access this form, go to Settings, then Chart of Accounts, then click Edit button for Fixed assets, at cost account.
The form contains the following fields:
Enter the name for this account. The default name is Fixed assets, at cost, but you can rename it to better suit your business needs.
Optionally, enter an account code. Codes help organize accounts and can be used for searching and sorting in reports.
Select the Balance Sheet group where this account should appear. This determines its placement on the balance sheet report.
Click Update button to save your changes.
This account cannot be deleted, it is automatically added to your Chart of Accounts when you have created at least one fixed asset.
For more information see: Fixed Assets