Record assets and check depreciation

Use Accounting → Assets to maintain fixed assets and review their depreciation. The asset register and the Ledger must describe the same underlying assets; a balance-sheet account alone is not an asset register.

Add a new asset

1. For a purchase already recorded as an expense, use the depreciable-purchase option on that transaction. Do not add the same asset manually as well.
2. For an asset without a linked imported expense, choose Add asset in Assets.
3. Enter the name, tangible/intangible type, original acquisition date and gross purchase price.
4. Review the input-VAT treatment, depreciation basis, business-use percentage and useful lifetime. Do not accept a default solely because the form allows it.
5. Select the Fixed-asset account if a specific account is required, or verify that the default suits the asset.
6. Save and inspect the asset details and depreciation schedule.

Use Ask Norman, where shown, to understand the fields. Confirm uncertain treatment with your advisor before saving or closing the year.

Bring existing assets from another system

Start with the previous asset register, including original acquisition dates and costs, useful lives, accumulated depreciation and closing book values.

You can supply the supported asset-register CSV during Opening & migration. For individual manual assets, preserve the original acquisition date so the schedule is not restarted on the migration date.

If opening balances already include the asset, do not add its acquisition cost a second time as a new purchase. Reconcile the imported balances, asset register and depreciation before proceeding.

Check before annual close

1. Compare asset-register values with the fixed-asset and depreciation accounts in the Ledger.
2. Investigate Assets and Ledger do not match warnings in annual close.
3. Correct a manual asset from its asset details; correct an expense-linked asset from the source transaction while editing is permitted.
4. Check sales or losses of assets through the relevant asset action and its supporting records.

Do not select an unrelated category for property or another unusual asset simply to pass validation. An E-Bilanz assignment determines reporting presentation; it does not itself establish the correct depreciation method.

Next: review the Ledger.