What is Price Matching?
Value matching refers to the fact that the net book value of a fixed asset is basically the same as the old and new of the entity, and the net book value cannot exceed the assessed value within the useful life of the fixed asset.
Value matching
Right!
- Chinese name
- Value matching
- Foreign name
- Value matching
- Assessment method
- Combining indicator control with actual inventory
- Nature
- evaluation
- Value matching refers to the fact that the net book value of a fixed asset is basically the same as the old and new of the entity, and the net book value cannot exceed the assessed value within the useful life of the fixed asset.
- Assessment method
- The assessment method for the value matching of fixed assets is a combination of index control and actual inventory. [1]
- First, the available value is assessed based on the current status of the asset and then corresponds to the net book value. Anyone whose net book value is greater than the available value should be considered for repair or simply updated.
- The useful life of fixed assets includes the statutory useful life and the remaining useful life. The technical and equipment departments of an enterprise should evaluate and identify the useful life of fixed assets. If the useful life still exists, but it cannot meet the required production capacity and output requirements, then such a life is meaningless and the integrity of the assets cannot be considered high.