Part B - Asset Register

Task:

1.Develop an asset register which lists the 3 assets determined in Part A. Your asset register needs to include the following details:

Asset Details

Asset description/model/type

Serial Numbers

Purchase date

Cost

Depreciation amount (from when you undertake this assessment to the end of the financial year). If you have no current value, then base this calculation on the approximate price you have determined using the ATO guidelines.

Closing Written Down Values (at the End of financial year where you undertake this assessment)

2.Develop a maintenance register and identify the maintenance requirements for each asset accordingly. For some assets that might be determined through lease clauses or service contract agreements. If so, include these including the details. For the remaining assets consult the user manuals or manufacturer's recommendations with consideration to frequency of use relevant to your organisation. For example if a post-mix machine or coffee machine is connected to water filter then this needs to be reflected in the maintenance requirements.