The way to handle a fixed asset purchase is to first create the asset as per the Guide at Manager Cloud. This has no effect on financials.On the Non-Inventory purchases tab, click the Purchase Fixed Asset button. The Purchase Fixed Asset window opens. In this comprehensive guide, we'll delve into the intricacies of booking fixed asset journal entries, with a specific focus on disposal transactions. Unspent amounts of capital grants are reflected in the balance sheet in the restricted fixed asset fund.