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Blog Guide

Fixed Assets

Jul 14, 2020

What is a Fixed Asset Register?

Itā€™s all in the nameā€¦ a Fixed Asset Register is a list of fixed assets that are owned by a business. It is used to keep track of assets, their book value, purchase date and to calculate their depreciation. In most cases, you can find your Fixed Asset Register in your...

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Depreciation

Jul 12, 2020

I appreciate youā€¦ and I depreciate your assets.

What is Depreciation?

Depreciation is how we account for an assets value becoming reduced through time and use. It is the measure of decline in value of an asset used by a business to generate income. Assets depreciate at different rates and differen...

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