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Is My Website a Fixed Asset?

Having a website is almost as important as having business cards. The expense of design, development and launch of a website can be significant...

What is a Fixed Asset Register?

A fixed asset register is used by a business to manage fixed assets it owns. A fixed asset is an item a business buys to...

Is There a Difference Between Amortisation and Depreciation?

Fixed assets rarely last forever and in accounting is a process to reflect the use of an asset which lasts for more than one...

What is Depreciation in Business

Depreciation in business is an accounting term.  When a business buys a fixed assets it will use it for a number of years.  Therefore,...

What is the Reducing Balance Method of Depreciation?

What is the Reducing Balance Method of Depreciation When the reducing balance method of depreciation is used an asset is depreciated more at the start...

How to Calculate UK Depreciation and Depreciation Rates

Depreciation and depreciation rates in business are accounting terms.  When a business buys a fixed assets it will use it for a number of...

What is a Fixed Asset?

A fixed asset is an item which a business purchases and uses to generate its income. What is a Fixed Asset? Unlike an asset like stock...

What is Amortisation?

What is Amortisation? Amortisation is the accounting method of spreading the cost of an intangible asset over a certain period of time which is greater...

Freeagent UK Review 2018: Cloud Accounting Software 30 Days Free +...

The Simplest bookkeeping system designed just for freelancers and the self employed. Bank feeds, automation, snap receipts, time tracking, invoicing and much more.