Fixed asset overview

The Fixed Asset overview displays all fixed assets according to the selected filter. You can also filter by account or search by description.

Add New Fixed Asset

Click on New fixed asset, in the upper right corner to create a new fixed asset.

Features of New Registration

  • Template: Based on the selected account, previous registrations on the same account are used as a template for the upcoming registration of properties.

  • Accounting Depreciation Type: Can be selected as straight-line, percentage-based (percentage of the residual balance on an annual basis), or no depreciation.

  • Tax Depreciation:: Period & Year suggests relevant alternatives based on the chosen depreciation type and previous registration on the account. Read more about Taxable depreciation.

Note

To add an existing fixed asset with values from a previous period/year, choose New fixed asset from previous period instead.

Import Fixed Assets from Excel

Click on Import from Excel under the symbol in the upper right corner of the screen to start the wizard. The import requires the information to be in a specific format. A template can be downloaded from the dialogue.

  1. Drop or search for the Excel file you want to import (*.xlsx or .xls).

  2. Choose Replace, Add, or Update content.

    Balance Date 1 and Balance Date 2 are important to ensure that opening balances are handled correctly in the Fixed Asset Register.

  3. Click Next to read and validate the data.

  4. Select the rows you want to import and click Import.

  5. Click Close to return to the Fixed Asset Register.

Balance Account and Depreciation

  • Balance Account: Be aware that the Balance Date of the previous year affects the options in Following events this year.

Add a New Event to an Existing Fixed Asset

A fixed asset is based on events. The different events for a fixed asset are:

  • New fixed asset: Sets permanent information and initiates the acquisition cost. Calculates depreciation for the entire lifespan.
  • New fixed asset from previous period: Sets permanent information and initiates the acquisition cost and book value at the time of registration. Calculates depreciation for the entire remaining part of the lifespan. This is used for:
    • Start value upon first use
    • Merged fixed asset
  • Addtional acquisition: Subsequent capital expenditure is registered and recalculates depreciation for subsequent periods by depreciating the expenditure over the remaining lifespan.
  • Impairment: Write-down of the book value. This also recalculates subsequent periods by shortening the remaining depreciation period (monthly depreciation in subsequent periods remains unchanged).
  • Reversal of impairment: Recalculates subsequent periods by extending the remaining depreciation period (monthly depreciation in subsequent periods remains unchanged).
  • Change in monthly depreciation: The change is registered from the selected date onwards.
  • Manual adjustment of depreciation: Registration of an adjustment amount in a given month.
  • Disposal:
    • Sale amount and event date are used to calculate gain or loss at the time of the event.
    • Inserts accounting transactions at the time of disposal and removes subsequent depreciation from the register.
    • It is possible to register the amount that is listed as sales revenue. Therefore, it is not necessary to book the sales revenue to the fixed asset account, and you can leave this to the transfer of postings from the fixed asset register to the accounting system. Here, a transaction will be created debit account 3819 and credit balance account with the registered amount.

Read more about Events and transactions.

Section Content

Dimensions
Last modified December 9, 2025