Fixed assets register | Free template

Fixed assets register is a free template that can be used to keep records of your company assets. Fixed assets are assets that a company intends to use permanent or over a longer period of time, that is, assets with an economic life that is longer than 1 year.

If your business holds assets your company should have a fixed assets register. Accounts in the accounting for assets, liabilities and equity shall be specified in ancillary records to the extent necessary to give a satisfactory control and overview.

A fixed assets register is a prerequisite for being able to calculate depreciation of fixed assets and to calculate any gain or loss on sale of a specific asset.

In this template for fixed assets register you can record purchases and sales of fixed assets and calculate depreciation and asset value. In this fixed assets register, you can keep information on specific fixed assets with an indication of cost, acquisition date, economic life, the opening balance for depreciation, depreciation for the year, accumulated depreciation and asset value. Updated: 01/01/2015 | Created by All-templates.biz

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