Fixed Assets Valuation Method

The valuation of fixed assets is the fixed assets value expressed in monetary terms according to certain principles. In the accounting work, the fixed assets of enterprises are uniformly priced according to the following stipulations: 1. Miscellaneous charges for purchase and transfer of fixed assets are not included in the original price of fixed assets, and are directly included in expenditure. Two, self made fixed assets are accounted for according to the cost of labor cost. Three, the fixed assets that are invaluable and the old ones can not be priced. They can be accounted for according to the replacement price. Four, the fixed assets that are transferred, deteriorated and scrapped are written off at the original price. Five, the original fixed assets will be added to spare parts (excluding maintenance and consumption items), and will be included in the original value of fixed assets according to the amount of expenditure. Six, the original fixed assets, one of the following situations, should be added or reduced accordingly: 1. increase its original value according to the cost of new expenses when increasing its quantity or improving its quality due to processing and restructuring. 2. complete sets of equipment should reduce their original value by damaging or dismantling the original part. 3. the cost of repairing, repairing and repairing new expenditures does not increase the original value of fixed assets. 4. accepts the donated fixed assets, without fixed assets, and estimates the price according to the full value of the replacement.