Difference between revisions of "Assets"
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m (Clarifying that land values are not included in depreciation costs.) |
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This page is used to calculate total farm assets. | This page is used to calculate total farm assets. Values for all assets (except land) are then applied with a [[Depreciation ]] rate to generate a total depreciation figure, shown in the [[Fixed Costs]] page. | ||
Add assets by following these steps: | Add assets by following these steps: | ||
Revision as of 05:13, 10 October 2022
This page is used to calculate total farm assets. Values for all assets (except land) are then applied with a Depreciation rate to generate a total depreciation figure, shown in the Fixed Costs page.
Add assets by following these steps:
- Enter an estimated value of your land including the value of all fixed improvements ($). For example, dams, buildings, etc. Note this will not form part of the depreciation costs.
- If you have entered machinery values (etc.) into the full Depreciation Schedule (using option 2), the value of plant and machinery will be shown here. If not, then please enter an estimated current value of all plant and machinery.
- Enter the value of any livestock ($), if applicable.
- Estimate the value of any inventory ($). For example, fertiliser.
- Enter additional assets as required ($).
