← Back to Main

Fixed Assets Simulator

Asset Register → Asset Acquisition → Depreciation → Asset Disposal

Asset Acquisition

Asset: Office Equipment

Purchasing office equipment for business use.
Capitalized as Fixed Asset.

Purchase Price: R 50,000.00
Useful Life: 5 years
Depreciation Method: Straight Line
Annual Depreciation: R 10,000.00

Asset Register

Asset #FA-001

Asset tracking and depreciation schedule.

Cost: R 0.00
Accumulated Depreciation: R 0.00
Net Book Value: R 0.00
Remaining Life: -

General Ledger (Journal)

Chronological record of all transactions
Date Ref Account Type Debit (R) Credit (R)
No transactions posted yet.

T-Accounts (General Ledger)