Fixed assets disposals

These sheets are used to aggregate and reconcile all the disposals. The sheet

Fixed assets disposals summary

must be created from the

Fixed assets summary sheet.

This sheet gathers disposals analysis amounts analysed in the sheets described below and automatically includes them in the summary as separate rows. The disposals cost between the

Fixed asset summary

and

Fixed assets disposals summary

is checked with each other. The total cost of fixed assets disposed of or written off is reconciled with the

Income Statement

sheet.

On this sheet, enter disposals and classify the business using the Business dropdown if there are multiple businesses. Once you give a sheet description, after refresh, it will automatically display in the list. For each disposal, choose a category and insert year of assessment/purchase. This action will automatically summarize and aggregate disposals by the year and IA – AA rate below the main table. You can enter the old rate as a custom line item. This sheet can be developed more than once. Fixed assets disposals analysis sheet is linked to the Business incentives. Choose an incentive abbreviation, if claw-back is required, so that the qualifying cost will move to the Business Incentive specific sheet to the separate row.

On this sheet, enter the disposals adjustment and classify the analysis by business using the

Business

dropdown. Once you give sheet description, after refresh, it will automatically display in the list. This sheet can be developed more than once.