When you prepare your balance sheet and income statement, you may need to print reports to analyze the depreciation, acquisition, disposal, and gain or loss values for the accounting period, as well as accumulated depreciation and book value at the end of the period.

For inventory, insurance and other management purposes, you may need a list of all your fixed assets.

When you print reports for previous years, you will notice that if you have deleted any fixed assets, the figures may not be correct.

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