CCH Fixed Asset Register
Overview: Tangible Fixed Assets
The document outlines the functionality of the Tangible Fixed Assets area in CCH Corporation Tax, which summarizes fixed asset details, including Additions and Disposals. It explains the process of reconciling these figures and their role in calculating Capital Allowances. It also details how data from CCH Accounts Production and CCH Fixed Asset Register can be imported into CCH Corporation Tax, along with instructions for setting up tax links, exporting data, importing it, and editing assets. The document includes links to further guidance on these processes.
CCH Fixed Asset Register
Grant-funded assets / Assets bought under finance
The document outlines the accounting treatment for grant-funded or financed assets, emphasizing their inclusion in the fixed asset note of financial accounts. It specifies that the cost of the asset is recorded in the Fixed Asset Register (FAR) and subsequently incorporated into CCH Corporation Tax, allowing users to determine the appropriate tax treatment.
CCH Corporation Tax
Tangible Fixed Assets
This document provides a guide on how to use and update the Tangible Fixed Assets statement. Users can complete the statement through CCH Accounts Production or by manual entry, with options for different layouts including a standard template, a customized template, or importing a saved template. The procedure for accessing the Tangible Fixed Assets statement is outlined, requiring users to navigate through the Balance Sheet Analysis section in the data navigator.
CCH Corporation Tax
Saving and Loading Tangible Fixed Assets Templates
This document provides guidelines on how to save and load Tangible Fixed Asset templates within a financial application. It explains that users can create modified templates, which will retain the structure (rows, columns, headers) but not the client data. Instructions for saving a template include accessing the "Save Template" feature and naming it uniquely. Similarly, to load a saved template for another client, users must select from a dropdown menu. Confirmation messages indicate successful saving and loading of the templates.
CCH Corporation Tax
Creating the Tangible Fixed Assets note using CCH Accounts Production
The document outlines the process for updating the Tangible Fixed Assets summary in CCH software. Users can enter information directly or utilize data from CCH Accounts Production. The update can be performed manually or automatically through options in the Tax Links tab, allowing for the automatic generation and population of the Tangible Fixed Assets statement when selecting "Update from Accounts."