You can quickly see the value of your company assets using the Fixed Assets Valuation option. The Asset Valuation window shows the same information as the fixed assets list plus total cost, total depreciation to date and total value. Let's take a look.

Access the Asset Valuation window

• On the menu bar click Modules, click Fixed assets then click Valuation

The Asset Valuation window

You can view the following information for each asset record: 

You can also view the following totals:

Asset Valuation and balance sheet

There are several reasons why these figures would differ from the totals on your nominal ledger and balance sheet. For example:

• Transactions relating to assets are posted to the nominal ledger but not to the Fixed assets register
• Depreciation may have been posted manually in the nominal ledger
• Assets records may have been deleted in error
• The chart of accounts may not include all relevant nominal codes