Fixed assets & depreciation

A fixed asset is a durable good (equipment, furniture, vehicle, building) that your company uses across several fiscal years. Its value is spread over time through depreciation. SynkriaOps keeps the register of these assets and automates their charges.

The fixed-assets register

The register is the inventory of your capitalised goods. For each one:

• its identity (name, category, class 2 account);
• its original value and commissioning date;
• its depreciation schedule (duration, method);
• its net book value to date.

The register: each asset with its original cost, accumulated depreciation and net book value.

Feeding the register

A fixed asset can be created manually, imported in bulk (downloadable template), or born from a supplier invoice whose line is routed to a class 2 account (SynkriaOps then suggests the fixed-asset account).

The main actions

Depreciation schedules & charges Set the duration and method, preview then generate a fiscal year's depreciation charges.

Dispose of a fixed asset Remove an asset from the register (sale, scrapping) and record the gain or loss.

Reconciliation with accounting

The reconciliation matches the fixed-assets register with your class 2 and 28 accounts (depreciation). It guarantees that the value of the assets and the accumulated depreciation in the register match the accounting balances — an essential check before closing.

Commissioning and exports

• Commissioning — this is what starts depreciation. An asset acquired but not commissioned does not yet generate a charge.
• Register export — export the full register for your working file or the financial statements’ notes.

Further reading

• Depreciation schedules & charges — the heart of the calculation
• Dispose of a fixed asset — remove an asset
• Close a fiscal year — charges before closing