An asset register that depreciates
Register the asset once. Its depreciation, its capital allowance class and its disposal all live on the same record.
- Straight-line, reducing balance or units of production
- A capital allowance class on every asset
- Disposal by sale, scrap, write-off or trade-in
How it works
- Depreciation
- Straight-line, reducing balance or units of production, with a schedule for every asset.
- Measurement
- Carry each asset at cost or on revaluation.
- Capital allowances
- A class on every asset: buildings, plant and machinery, office equipment, furniture, motor vehicles, computers and IT, renovation and small-value assets.
- Disposal
- By sale, scrap, write-off or trade-in.
- Leases and components
- Leases and an asset's separate components are tracked on the same register.