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finance

fixed-asset-register

Manage the complete IAS 16 fixed asset lifecycle: acquisition, monthly depreciation, impairment, and disposal. Every fixed asset generates monthly depreciation journal entries that feed the GL and trial balance.

Inputs

  • asset_details — Asset name, category, cost, acquisition date, useful life, depreciation method
  • po_ref — loaded from your vault context
  • period_id — Accounting period, e.g. 2025-12
  • asset
  • recoverable_amount — Higher of fair value less costs to sell and value in use (AED)
  • disposal_date
  • disposal_proceeds — Cash received (AED). 0 for scrapped assets.
  • asset

How you ask

  • fixed asset
  • monthly depreciation
  • impairment write-down
  • dispose of an asset.

Outputs

  • (one per asset)
  • depreciation-journal-entries (markdown)
  • disposal-je (markdown)
  • fixed-asset (markdown)
  • impairment-je (markdown)
  • schedule (markdown)
  • updated-asset (markdown)
Levelbeginner
Inputdata
Outputspreadsheet
Setup[none]
Roles[Finance Manager]