Difference between revisions of "Assets"
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This page is used to record total farm assets. Values for | This page is used to record total farm assets. Values for Plant & Machinery can then be applied with a [[Depreciation ]] rate to calculate a total Annual Depreciation figure, shown in the [[Fixed Costs]] page. Values for this and the remaining asset types (Land & Fixed Improvements, Inventories, Livestock and Other) are used in the calculations for Return on Investment (%) in the [[Profit]] page. | ||
Add assets by following these steps: | Add assets by following these steps: | ||
Revision as of 22:55, 10 October 2022
This page is used to record total farm assets. Values for Plant & Machinery can then be applied with a Depreciation rate to calculate a total Annual Depreciation figure, shown in the Fixed Costs page. Values for this and the remaining asset types (Land & Fixed Improvements, Inventories, Livestock and Other) are used in the calculations for Return on Investment (%) in the Profit 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. Note this will not form part of the depreciation costs.
- Estimate the value of any inventory ($). For example, fertiliser. Note this will not form part of the depreciation costs.
- Enter additional assets as required ($). Note this will not form part of the depreciation costs.
