Explore fixed asset resources for finance teams. Start with the main Fixed Asset Management Guide, then browse focused guidance, articles, product updates and customer case studies.
Start here · Comprehensive guide
Start with our main guide to fixed asset management from a finance perspective. It covers acquisition and capitalisation, asset registers, depreciation, verification, reconciliation, reporting and disposal.
Follow the financial asset lifecycle, work through an accounting example and use the supporting checklists. Then explore the resources below for more detail on a particular task.
For software capabilities and implementation, explore FMIS Fixed Asset Management Software.
Find an explanation of the calculation or transaction you are working on. The depreciation methods guide is written for UK businesses; the other resources introduce the accounting concepts and practical process.
Guide · UK businesses
Compare depreciation methods, follow worked examples and consider the role of useful life and residual value.
Explanation · Worked examples
Understand net book value, work through a calculation and see how carrying amount differs from market value.
Practical guide · Financial process
Follow the accounting side of selling, scrapping or retiring an asset, including the gain or loss and the retained record.
Use these resources when you are checking asset records, investigating differences or preparing evidence for review. Physical counting and scanning are covered separately by FMIS Asset Tracking.
Practical guide · Audit preparation
Work through planning, checking records, inspecting assets and investigating differences, with a focus on the supporting evidence.
Focused article · Register accuracy
Understand why assets can remain on the register after they have left the organisation, and how to investigate and correct the record.
These resources answer different questions: the UK guide covers tax allowances, while the buying guide helps you plan a software evaluation.
Regional tax guide · United Kingdom
Explore the main UK capital allowance concepts and the records needed to support a claim. This resource covers tax treatment separately from accounting depreciation.
Buying guide · Selection questions
Use the existing ten-step guide and supplier questions to plan your evaluation. The guide includes both accounting and asset tracking considerations.
Browse the latest fixed asset articles, practical explanations and FMIS product updates. Search by topic or keyword.
The resources above provide selected starting points. This collection adds further reading and earlier articles, with the most recently published content first.
25 results.
Article / update
Fixed Assets update: The latest version of FMIS Fixed Assets software, v11, is now available - This upgrade is free to all FMIS Fixed Assets customers.
Read how organisations use FMIS for fixed asset accounting. Search by organisation, sector or keyword.
Each case describes that customer’s requirements and implementation. These examples include healthcare, local government, manufacturing, higher education and emergency services.
5 results.
Case study
Read how St George’s NHSFT combined FMIS cloud-hosted software to track assets and ensure IFRS 16 compliance in this NHS Fixed Asset and Lease Accounting Case Study
Case study
FMIS Fixed Asset Management Case Study - How FMIS helped North London Waste Authority effectively track and managed fixed assets
Case study
Discover how FMIS transformed Doncasters' fixed asset management from multiple spreadsheets to one comprehensive solution, saving time and improving accuracy.
Case study
Leading University selects FMIS Fixed Assets to ensure compliance with FRS102 standard on a tight schedule.
Case study
Essex Fire Authority use FMIS Fixed Assets to ensure compliance with IFRS, Component Accounting and additional standards.
If you are considering a system for asset registers, depreciation and financial reporting, review the software overview or contact us to discuss your requirements.
For lease-specific accounting guidance, browse our lease accounting resources.
