Fixed assets or long term assets are recorded in a register and each asset needs its own fixed asset register template to record full details of the asset.
The main uses of the fixed asset register template include:
- It allows an analysis of the fixed assets shown on the balance sheet.
- As a register to carry out a physical check of each asset.
- To provide an accurate net book value and details of any outstanding finance at the time of disposal.
Our tutorial on fixed assets gives full details about fixed assets and the use of the fixed asset register.
The PDF file available for download below, will help you to produce your own fixed asset register cards.
Fixed Asset Register Template Download
The fixed asset register template is available for download in PDF format by following the link below.
Fixed Asset Register Reconciliation
The entries in the fixed asset register are for memorandum purposes only and do not form part of the double entry bookkeeping records.
At the end of an accounting period to ensure that the correct bookkeeping postings have been made to the general ledger a reconciliation can be carried out between the balance on the general ledger and the totals of all the asset sheets in the fixed asset register.
Users use this accounting template at their own risk. We make no warranty or representation as to its accuracy and we are covered by the terms of our legal disclaimer, which you are deemed to have read. This is an example of an accounting format that you might use. It is purely illustrative. This is not intended to reflect general standards or targets for any particular company or sector. If you do spot a mistake in the template, please let us know and we will try to fix it.
About the Author
Chartered accountant Michael Brown is the founder and CEO of Plan Projections. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a BSc from Loughborough University.