Fixed assets should be recorded at cost of acquisition. 1. Go to Gateway of Tally > Accounting Vouchers > F9: Purchase .Using this report, the Division of Finance creates a shell entry for new assets in FINET Fixed. Assets for the Purchasing Unit to review, enhance, and complete. I've only allocated GST to purchase price and deposit. Our free online guide for business owners covers Utah sales tax registration, collecting, filing, due dates, nexus obligations, and more.