I work for a charity. My company does not have a fixed assets register at all. when the auditors come, my manager usually give a them a simply sheet with fixed assets on it.
I would like to create a fix assets register but got no experience at all. I have a list as below
computers and servers
printers
furnitures
fittings and fixures (like carpet, partition walls) as we rent a office
..........
Please can someone help me with this. thank you in advance.
Hi Grace Might be worth waiting until 8 February for more info......many on here in middle of January silly season and then got to play catch up with December VAT by 7 February, so you will see a lot more bods back her after that.
But to get you started.... Include details of asset/description/date purchased/cost/ depreciation rate (policy)/ accumulated depreciation/ cap allows/date/disposal date/disposal rate
bear in mind some of this will have been done by Accountants
-- Edited by Cheshire on Thursday 21st of January 2016 11:26:38 PM
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position