Fixed Asset Register & Depreciation
SARS Section 11(e)Track capital assets, wear-and-tear allowance rates, and execute monthly automated General Ledger depreciation runs.
User Guide & Statutory Compliance ManualIncome Tax Act 58 of 1962 (Section 11(e) & Interpretation Note 47)
How to Use: Fixed Asset Register & SARS Section 11(e) Wear & Tear
Register capital acquisitions, track statutory depreciation write-offs, and post monthly depreciation journals.
Total Asset Historical Cost
R 608 800,00
Original acquisition cost across all asset classes
Accumulated Depreciation (Provision)
- R 151 333,33
Total wear & tear written off to date
Net Book Value (Carrying Amount)
R 457 466,67
Balance Sheet Asset Value (Nominal Account 1500)
Active Fixed Asset Register
3 Registered Assets| Asset No / Name | SARS Category | Acquired | Cost Price | Accum. Dep. | Net Book Value | Status |
|---|---|---|---|---|---|---|
No Capital Assets RegisteredAdd IT equipment, vehicles, plant machinery, or office furniture to automate monthly wear-and-tear schedules. | ||||||