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Nail the daily admin

  • Estimates
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Relax about tax

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Pricing
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Knowledge Base Getting Started Switching to FreeAgent Frequently Asked Questions
    1. FreeAgent
    2. Capital assets

Capital assets

How to record, manage and dispose of capital assets in FreeAgent.

Capital asset essentials

  • Capital assets in FreeAgent
  • How to use FreeAgent’s capital allowances calculation

Capital asset purchases

  • How to record the purchase of a capital asset when using accruals basis accounting
  • How to record the purchase of a capital asset using multiple transactions
  • How to record a capital asset with a long useful life
  • How to record a capital asset that doesn’t depreciate
  • How to record the purchase of multiple capital assets with one bank transaction if you’re on the VAT Flat Rate Scheme
  • How to record the purchase of a capital asset when using cash basis accounting
See all 9 articles

Capital assets bought on hire purchase

  • How to record an asset bought on hire purchase when using accruals basis accounting
  • How to record an asset bought on hire purchase when using cash basis accounting

Disposing of a capital asset

  • How to sell a capital asset when using accruals basis accounting
  • How to sell or scrap a capital asset when using cash basis accounting
  • How to create a VAT invoice for the disposal of a capital asset
  • How to scrap a capital asset when using accruals basis accounting
  • How to scrap a capital asset when using cash basis accounting

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