The fixed asset register is a list of the fixed assets owned by your organization. It contains pertinent details about each fixed asset to track their correct value and physical location. This will allow for the computation of depreciation and enable the automatic posting of depreciation at the end of the period. This keeps the record of fixed assets up to date and posts the costs to the profit and loss account.
The Fixed Assets Register in Loan Performer is managed under the following:
The Nº 1 Software for Microfinance