fixed assets can be recognized as fixed assets of enterprises if the tax provisions for fixed assets are more than 2,111 yuan, but the fixed assets of small enterprises are determined according to the specific conditions of enterprises if they fail to meet the standards. Generally, straight-line amortization is adopted for depreciation of fixed assets, that is, the reserved residual value is 5% of the original value, and the monthly depreciation amount = (original value-net residual value)/service life /12 months

When monthly depreciation is made, borrowing: management expenses (operating expenses, etc.)-depreciation expense

Loan: accumulated depreciation

Fixed assets increased in the current month are not depreciated, but accrued in the following month. Extended information

The minimum period for calculating depreciation of fixed assets is as follows:

(1) 21 years for houses and buildings;

(2) 11 years for trains, ships, machines, machinery and other production equipment;

(3) five years for electronic equipment and means of transport other than trains and ships, as well as appliances, tools and furniture related to production and business operations. This article basically follows the provisions of the detailed rules for the implementation of the foreign investment tax law, but it has also been slightly adjusted: first, it has increased the power granted to the competent departments of finance and taxation of the State Council to make exceptions;

Secondly, the depreciation period of aircraft will be changed from 5 years to 11 years; Secondly, the minimum depreciation period of means of transport other than airplanes, trains and ships is changed from 5 years to 4 years; Finally, the minimum depreciation period of electronic equipment is changed from 5 years to 3 years.

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