Additions to Register
Match the year’s additions both ways between the register and the ledger, and pick the ones to vouch.
- Ledger + fixed-asset register
- Key analysis in Fixed assets & leases
How the result is read
Existence and completeness of additions are two tests in opposite directions. From the register: every asset put into service this year must have an addition posted behind it, or it may not exist. From the ledger: every debit to the cost accounts must be an asset in the register, or the depreciation run never sees it. What matches and exceeds tolerable error is vouched to the invoice.
In the application
Additions to Register is filed under Fixed assets & leases, index letter F. "Run all analyses" runs it with every other analysis the ledger and the documents loaded can answer. The worksheet states the population it tested on its face — or "Not applicable" with the reason when a column it depends on is empty — and the Excel workbook the engagement exports files it under F, beside an index of the source files with their SHA-256 fingerprints.
Read it with
Run your next audit file test without the Excel crash.
One free engagement to evaluate, valid 60 days. The ledger never leaves the machine.
- 20 minutes
- Runs on a fictional engagement
- No client data required