How To
Menus
CCH Fixed Asset Register
This section describes the menu options within CCH Fixed Asset Register.
- Guide Contents
- Asset Class
The Asset screen shows details of the asset.
The Asset Movement screen shows asset transactions. Asset Movements are stored in the Fixed Asset Register and are not linked to transactions in CCH Accounts Production.
Lists the client Asset Classes and their balances for the year.
- Export
- FAR Report
- Import
- Import from MS Excel
- Import from VAP
Master Asset Classes: Fixed Asset Register
How to access Master Asset Classes in CCH Fixed Asset Register.
The Periods screen defines settings for each accounting period and is used to specify options such as Calculate a Full Period's Depreciation in the Period of Acquisition? which can be set for each Accounting Period.
Related documents
Part Disposals
Part Disposals
Changing Entity Type
Changing Entity Type
Asset Movement
The document outlines the functionality of the Asset Movement screen, detailing how asset transactions are recorded in the Fixed Asset Register, independent of CCH Accounts Production. It describes five types of movements: Cost B/Fwd, Addition, Adjustment, Revaluation, and Disposal, each with specific criteria and purposes. The document also covers the protocol for asset movement dates, especially concerning finalized periods, and discusses the Change of Method movement for altering depreciation methods. Additionally, it includes guidelines on how movements affect nominal accounts and the conditions under which movement deletion is permissible.
Asset Classes
The Asset class section is used to define the ledger accounts which must be used for the posting of the asset transactions and the method of depreciation.
Master Asset Classes: Fixed Asset Register
The document outlines the functionality of Master Asset Classes within the Fixed Asset Register's Set Up screen in CCH Accounts Production. These classes provide default settings for client-level Asset Classes and are integral to the CCH chart of accounts versioning system. While Master Asset Classes cannot typically be edited, users can modify them when creating a new Practice Master Pack. Access to Master Asset Classes is through the Set Up screen or the menu path: File > Maintenance > Accounts > Master Asset Classes.