The book value of fixed assets refers to the value when the fixed assets are recorded, that is, the historical cost.

The net value of fixed assets refers to the balance of the book value of fixed assets minus the accumulated depreciation that has been provided.

The net book value is generally for fixed assets, that is, the original value of the fixed assets minus the accumulated depreciation that has been provided. Book value refers to the net amount of the book balance of a certain accounting account minus the relevant allowance items.

Extended information

The net book value is the balance of the original value of the asset minus the accumulated depreciation (or accumulated amortization) that has been provided.

Net book value is generally for fixed assets, that is, the balance after deducting the accumulated depreciation that has been provided from the original value of the fixed assets. Book value refers to the net amount of the book balance of a certain accounting account minus the relevant allowance items.