Additions & Disposal of Fixed Assets (Long Term)

UGB requires that exchange of assets includes all costs to bring the asset to its existing place and state of use. That means if the maschine has a "Verkehrswert" or cost to send, this amount will be included in the price of the asset.

In the next example, 50.000 is paid for transport and the asset has been traded for another. If the value of the asset was to be written down due to lowered market value, one would use "außerplanmäßig Abschreibung".

It is important to complete the transaction that accounts for amortization before the asset is taken off the books.