Fixed Asset Details

Fixed Assets Details screen displays the summary of Opening Balance (of Asset Gross Value, Accumulated Depreciation & accumulated Impairment), Additions, Deductions, Other Adjustments, Deductions in Depreciation, Depreciation, Reversal of Impairment, Impairment and Closing Balance (of Accumulated Depreciation & accumulated Impairment & Asset Value) of all Class of Assets.

To view Fixed Asset Details report,

Go to Gateway of Tally > Display > Statutory Reports > MCA Reports > Other Reports > Fixed Assets Details

Note: This report is a Display report. From this screen users cannot update the details.

 

Opening Balances are captured from the Ledger Opening Balance if mentioned while creating the ledger OR if the data contains 2 or more years data the previous year closing balance will be considered as Opening Balance.

 

Additions, Deductions, Other Adjustments, Deductions in Depreciation, Depreciation, Reversal of Impairment and  Impairment will be captured form Additional Details for Tangible Assets and Intangible Assets from Additional Details menu.


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