Transaction Type

Setting Location in VIA

Depreciation

DR      Depreciation Expense Account

(F or M)

CR      Accumulated Depreciation Account

(E or L)

DR      Non Claimable Depreciation Expense Account

(When company book has ‘percentage business use’ option enabled)

(G or N)

Additions

DR      Capital Value Account

(D or K)

CR      Accumulated Depreciation Account

(E or L)

CR      Asset Purchase Suspense Account  

(A)

Write-offs

DR      Accumulated Depreciation Account

(E or L)

DR      Write-off Account    

(J or Q)

CR      Capital Value Account

(D or K)

Disposals

Gain on Sale

CR      Capital Value Account (needs to include adjustment value (+/-))

(D or K)

DR      Accumulated Depreciation Account

(E or L)

CR      Profit on Disposal Account   

(H or O)

DR      Proceeds from Sale Account         

(B)

Loss on Sale

CR      Capital Value Account (needs to include adjustment value (+/-))

(D or K)

DR      Accumulated Depreciation Account 

(E or L)

DR      Proceeds from Sale Account         

(B)

DR      Loss on Disposal Account

(I or P)