Factors affecting the depreciation of fixed assets

The factors affecting the depreciation of fixed assets include the original value of fixed assets, net residual value, useful life and depreciation method. But please note: Enterprises should reasonably determine the expected service life and estimated net residual value of fixed assets, and choose a reasonable depreciation method, which should be approved by the shareholders' meeting or the board of directors, manager (factory director) meeting or similar organization as the basis for depreciation. . Once the above methods are determined, they cannot be changed at will.

Issues that should be paid attention to when calculating depreciation of fixed assets

(1) For fixed assets that have reached the intended usable state and the final settlement procedures are completed within the year, they should be adjusted according to the actual cost The original provisional estimated value, and the accrued depreciation amount will be adjusted, will be treated as the cost of the current month. (2) If the final settlement procedures for completion have not been completed within the year, the estimated value should be tentatively recorded in the accounts and depreciation should be accrued; after the final settlement procedures for completion have been completed, the original tentative estimated value should be adjusted according to the actual cost, and the original depreciation amount should be adjusted. , while adjusting various items of retained earnings at the beginning of the year. (3) If an enterprise adjusts the value of fixed assets due to renovation or other reasons, it shall calculate depreciation according to the depreciation method selected by the enterprise based on the adjusted value, estimated remaining useful life and net residual value. (4) When accepting donations of old fixed assets and surplus fixed assets, the estimated depreciation amount should be deducted from their recorded value.

According to the current accounting system, when an enterprise calculates depreciation for the current month, it should be based on the original value of the fixed assets that should be depreciated at the beginning of the month. For the fixed assets added in the current month, no depreciation will be accrued in the current month, that is, the fixed assets added this month will not be depreciated this month, and depreciation will be accrued from the next month; the fixed assets reduced in the current month will still be depreciated in the current month, that is, the fixed assets will be depreciated this month. The fixed assets will not be depreciated this month, but will stop depreciation from next month.