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  1. Fixed asset Register - Book value total detailed to cross reference with Balance sheet

    Current net book value total within Fixed assets to easily cross reference with Balance sheet - to ensure all assets have been assigned to Fixed asset register

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    0 comments  ·  Fixed Assets  ·  Admin →
    Existing functionality  ·  AdminRidhwaan Uddin (Admin, Xero) responded

    Hi Nathan 👋🏽

    The functionality you are requesting—the ability to easily cross-reference the total Net Book Value from the Fixed Asset Register with the corresponding Balance Sheet accounts—is already available in Xero.

    You can achieve this using the dedicated Fixed Asset Reconciliation Report (New).

    This report is specifically designed to compare the balances recorded in your Balance Sheet for fixed asset accounts against the values in your Fixed Asset Register, allowing you to easily identify and investigate any differences (such as assets not yet registered or manual journals posted incorrectly).

    You can search Xero Central for "Fixed Asset Reconciliation Report" for steps on how to run this report.

    Please feel free to raise an idea with us again ☺️

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