# Fixed Assets

Group: Accounting

[Open in the interactive reference](https://docs.api.lensing.ai/lensing/v1/groups/fixedAssets)

Fixed assets are the assets a business capitalizes and depreciates. Depreciation policies set how they're depreciated, and depreciation schedules record each asset's depreciation. Recording depreciation creates journal entries in the general ledger.

## Groups

- [Depreciation Schedules](https://docs.api.lensing.ai/reference/lensing/v1/groups/invDepreciationSchedules.html)