Creating and maintaining a fixed asset register
Keep asset records structured and traceable, with Power Query supporting the flow of additions, disposals, and depreciation.
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What we maintain
- Asset descriptions, categories, and unique reference details
- Purchase dates, costs, and supporting documentation
- Depreciation methods, rates, and accumulated depreciation
- Asset locations, custodians, and condition records
- Additions, transfers, disposals, and write-offs
- Reconciliation of the register with accounting records
Who it helps
Partnerships, sole proprietors, and other entities that need a dependable record of equipment, vehicles, furniture, machinery, and other long-term assets.
A register that stays useful
Clear asset details
Assets listed with the information needed to identify, locate, and review each item.
Updated records
Power Query-supported workflows help process additions, disposals, transfers, and depreciation consistently.
Reconciled balances
Periodic checks between the asset register and your accounting records, with differences flagged for review.
Questions we hear often
What does FAR mean?
FAR means Fixed Asset Register: the record of an entity's long-term physical assets and the key information about them.
How is the register different from bookkeeping?
Bookkeeping records financial transactions. The fixed asset register tracks individual assets, their movements, and their depreciation over time.
Can you create a register from existing records?
Yes. We can review available invoices and records, identify missing details, and agree the information needed to build an accurate register.