Comprehensive Fixed Asset Register- Excel Template
Users can utilize this comprehensive template to generate a detailed fixed assets register, encompassing an unlimited variety of fixed asset classes and categories. It streamlines the process for documenting additions, disposals, revaluations, and impairments while also automatically computing monthly depreciation charges and year-to-date values based on user-defined tax codes as well as deferred tax balances. Moreover, included is an all-inclusive automatic journal report. This template has been specifically tailored to fulfill IFRS criteria while still being adaptable enough to develop a simple fixed asset registry focused only on historical expenses.
Note : this particular template solely facilitates depreciation calculations based on the straight-line method. Should you necessitate calculating depreciation using reducing balance or any alternative methods, we regret to inform you that this template cannot accommodate your requirement.