Year 2026 (Jan 1, 2026 – Dec 31, 2026)
| Asset | Method | Opening book | Depreciation | Closing book | Accum. to date |
|---|---|---|---|---|---|
| Old delivery car
Vehicles |
Reducing balance | $2,894.53 | $0.00 | $2,894.53 | $15,105.47 |
| Forklift
Machinery |
Straight line | $9,146.28 | $687.48 | $8,458.80 | $16,041.20 |
| Laser printer
Office equipment |
Straight line | $60.00 | $0.00 | $60.00 | $1,141.00 |
| Office furniture set
Furniture & fixtures |
Straight line | $4,030.00 | $780.00 | $3,250.00 | $4,550.00 |
| CNC milling machine
Machinery |
Straight line | $44,463.95 | $12,142.68 | $32,321.27 | $57,677.73 |
| Delivery van
Vehicles |
Straight line | $15,666.90 | $5,599.92 | $10,066.98 | $21,933.02 |
| Server rack
IT equipment |
Reducing balance | $4,234.81 | $1,640.10 | $2,594.71 | $10,155.29 |
| Warehouse shelving
Furniture & fixtures |
Straight line | $2,523.93 | $457.08 | $2,066.85 | $1,333.15 |
| Laptop apps (x12)
IT equipment |
Reducing balance | $1,646.81 | $811.54 | $835.27 | $3,723.73 |
| POS terminals (x5)
Office equipment |
Reducing balance | $1,316.38 | $689.90 | $626.48 | $1,973.52 |
| Total | $85,983.59 | $22,808.70 | $63,174.89 | $133,634.11 |
Disposals in period
| Asset | Date | Book at disposal | Proceeds | Gain / (loss) |
|---|---|---|---|---|
| Old delivery car Vehicles |
Jan 10, 2026 | $2,894.53 | $500.00 | −$2,394.53 |
| Forklift Machinery |
Mar 20, 2026 | $8,458.80 | $9,000.00 | +$541.20 |
| Net gain / (loss) | $11,353.33 | $9,500.00 | −$1,853.33 |
Depreciation is computed on view to the exact cent (integer math). Assetora is a record-keeping register — it moves no money and is not tax or accounting advice. Confirm methods and rates with your accountant.
Period close
2 recordedDepreciation here is computed on view, which is why the figures are never stale. A close records what those figures said on the day the books were filed — so if somebody later corrects an asset's cost, the change shows up against a closed period instead of quietly rewriting it. Closing never locks editing: a register nobody can correct is how a wrong number becomes permanent.
| Closed through | Assets | Cost | Accumulated | Depreciation in period | Book value | Closed by | |
|---|---|---|---|---|---|---|---|
| Jun 30, 2026H1 2026 — journal posted to the ledger | 8 | $154,309.00 | $91,658.27 | $11,979.532 disposals in the journal | $62,650.73 | admin@assetora.app2026-11-13 | |
| Dec 31, 2025FY2025 accounts filed | 10 | $196,809.00 | $110,825.41 | $110,825.41 | $85,983.59 | admin@assetora.app2026-11-13 |