Books / Fixed assets
Record assets and run depreciation for each period
Accountants maintain an asset register and post depreciation alongside the rest of the client’s books.
S SecureWire Workflow illustration
Example workflow
ExampleFixed assets
Example clientExample steps
Register the assetIn progress
JLSet the depreciation methodNot started
SKRun depreciationNot started
AMRecord disposal when neededNot started
JLRegister the asset01 / 04
Illustrative workflow and sample data. Register interest to discuss your requirements.
How this supports your work
Accountants can run depreciation from the asset register and post it to the books, keeping asset costs and disposals with the calculation.
How it works
- Register the asset
- Set the depreciation method
- Run depreciation
- Record disposal when needed
Maintain the register
Record cost, asset class and date. Choose straight-line or reducing-balance depreciation.
Set the depreciation methodPost depreciation and disposals
Run depreciation for a period and record disposals. Depreciation posts its own journal to the ledger.
Run depreciationRelated features
Continue with the related work
Prepare for the launch
Tell us what your team needs from accounting software
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