What Is an Asset Register?

A detailed account of fixed assets is a detailed account that records the place of use of various types of fixed assets stored by the enterprise, and the increase or decrease. The fixed asset ledger generally takes the form of a card, also known as Fixed assets Cards. Fixed assets refer to the equipment, appliances, and tools related to production and operation used by enterprises, such as houses, buildings, machines, equipment, and transportation vehicles, and which have been used for more than one year. If the item has nothing to do with the production and operation activities, if the unit value is more than 5000, and the service life reaches two years, it can also be regarded as a fixed asset.

Detailed account of fixed assets

How to set up a detailed account for fixed asset accounting?
Fixed assets are the main assets used by enterprises for production and operation, and they are also a means of labor. From the actual accounting work, the management of fixed assets is also an important part of financial work.

The "fixed assets" account calculates the original price of fixed assets, and performs detailed classification and calculation according to fixed asset items. The fixed asset ledger generally takes the form of a card, also called a fixed asset card. The format of the fixed asset card is generally shown in Tables 1 and 2:

Table 1 Fixed asset cards (front)
form		Disable history
Country of manufacture		the reason	date	the reason	date	the reason	date	Remark
manufacturer
Manufacturing number
Useful life
Acquisition date
Original value
Of which: installation fee					Overhaul records
Net residual value rate					date	Voucher number	Summary	Amount
depreciation	year	month
Depreciation

Table 2 Fixed asset cards (back)
Accessory	name	specification	Quantity	Equipment changes	Installation address	use	Change year
Spare parts	name	specification	Quantity	unit price	Maximum appearance	long	cm	Clear records
				width	cm	Clear date
				high	cm	Accumulated depreciation
				total weight	kg	Clean-up costs
						Variable income
Head of accounting		Chief of Power Equipment		Review		Register		Set card date

Fixed asset cards are generally made in two copies, one of which is registered and kept by the user department, and the other is kept by the accounting department. To prevent the loss of fixed-asset cards, the fixed-asset management department should also establish a "fixed-asset card register" to register the opening and cancellation of cards one by one. The format of the fixed asset card register is shown in Table 3:

Table 3 Register of Fixed Asset Cards
Card number	Fixed Asset Project	open	card Where department	Log out
Numbering	Name and number	date	Certificate name and number	date	Certificate name and number

In order to classify and reflect the use, storage and changes of fixed assets, and control fixed asset cards, the financial department should also set up a "fixed asset register", which is the secondary account of fixed assets. The "secondary account of fixed assets" shall open accounts pages according to the category of fixed assets. Its format is shown in Table 4:

Table 4 Register of Fixed Assets

date

Summary

Rely on certificate number

increase

cut back

I amount

month

day

outer purchase

from build

Investor input

Financing integration

Accept donation

plate Profit

change Expand build

its he

Close meter

Out Sell

plate deficit

Investment transfer

destroy damage

its he

Close meter