What happens when you edit a transaction to include a fixed asset account after it has been approved in Xero?

When a transaction is edited to include a fixed asset account after it has been approved in Xero, the system does not automatically generate a draft asset. In Xero, approved transactions are locked to maintain their integrity, meaning changes that would affect the financial reporting and fixed assets structure are restricted to preserve accurate, historical record-keeping.

In this scenario, adding a fixed asset account to an already approved transaction does not trigger the creation of a draft asset because the transaction is considered final and cannot be altered in this way. Fixed asset accounting involves specific processes, and adjustments to transactions that involve fixed assets usually require following certain protocols, which are not fulfilled through this method. Therefore, the correct response reflects an understanding of how Xero maintains transaction integrity and data consistency in relation to fixed assets and approved entries.