Fixed assets should be recorded at cost of acquisition. It prepares personal property tax returns.The Capital Assets section of the State Accounting Office's (SAO) Accounting Policy. 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. Follow the steps for adding a new Fixed Asset. Fill in the Main and Depreciation Settings tabs. I've only allocated GST to purchase price and deposit. The certification of origin may cover a single entry or multiple entries in a period not to exceed 12 months. Taxpayer return value: Georgia Law (O.