Fixed asset register
The fixed asset register is available for companies with full accounting obligations. Companies with limited accounting obligations only have the function for tax depreciation and automatic posting of tax depreciation available
Click on Add fixed asset(+ symbol) in the upper right corner to create a new fixed asset.
Import fixed assets from excel
Click on the Import fixed asset from excel –icon 
in the upper right corner to start the import wizard. The import requires the information to be in a specific format. A template can be downloaded from the dialog.
- Drop or browse for the excel file you want to import (*.xlsx or *.xls).
- Select Replace or add content.
- Click Next to load and validate data.
- Select the rows you would like to import and click Import.
- Click Close to return to the fixed asset register.
In the dialogue, you can fill in the current information on the fixed asset.
You can select depreciation type under Tax-related depreciation. Based on the selected depreciation type, Period & Year suggests relevant options that can be selected.
For example, if the depreciation type Balance depreciation is selected, you can select the relevant balance group from the drop-down.
On the basis of the selected depreciation type in the fixed asset register, a detail card will be created automatically under Tax-related depreciation. Values from the fixed asset register will automatically be transferred to the applicable detail card (for example new acquisition and disposal).
The first tab displays an overview of all the fixed assets in the fixed asset register.
If a fixed asset has been sold and is to be transferred to the Profit/Loss account, this will happen automatically. If several profit/loss accounts have been created, select the relevant one in a drop-down menu in the detail card under tax depreciation.
Under the tab Depreciation, you can specify how many months to depreciate. We indicate that when selecting the correct number of months, there are no differences between the depreciation of the fixed asset register and the booked value of depreciation. Based on what is defined of depreciations under this tab, systemvouchers are created and update the accounting automatically.The documentation of the systemvouchers can be found in the report Closing entries in Report center.
Under the tab Reconciliation, a reconciliation of the booked values according to the fixed asset register compared to the booked values to the accounting is displayed. If differences are shown in this view, this indicates a follow-up of fixed assets that indicate which accounts there are differences on. This allows you to detect and correct for any differences.
Under the tab Notes - Tangible fixed assets, a note for tangible fixed assets and intangible assets is displayed.
The dialogue Edit fixed asset is displayed by clicking on the relevant fixed asset in the view Overview. The system makes automatic calculations based on the information you enter in the dialogue. The amounts must be registered with a positive sign.
You can chose to create a system voucher for bookkeeping impairments registered in the fixed asset register. This is done by selecting Create system voucher which appears under Impairment in the detail card.
The system calculates a depreciation percentage based on registered information in the field Effective life. Initially, the year-end closing calculates 12 months of depreciation unless there is new acquisition and disposal, where we calculate depreciation from the month of the new acquisition and even the month of disposal.
Each fixed asset must be linked to an existing account. The options that appear in the drop-down menu are existing fixed assets accounts in the balance sheet. If you want to add a new account, this must be done under Settings and Client chart of accounts for it to be available in the drop-down menu in the dialogue.
Based on which account that is chosen, the system will suggest whether or not the fixed asset is tax depreciable. This is only intended as a guidance and as a user you must always consider our suggestion. Similarly, an asset group is also suggested based on account selection.
Please note that if you do not have the correct mapping on an account in your balance, this may result in incorrect suggestion of the asset group.
The system also suggests which account regarding accounting depreciation that is current for the fixed asset.