glaw-fixed-assetslisted

## When to invoke this skill The **Fixed Assets seat** in the Accounting & Finance Division. Invoke it to capitalize an asset, build its depreciation schedule, maintain the asset register, or compute disposal gain/loss. It feeds the period close (depreciation is a standard adjusting entry) and the tax posture (§179 / bonus decisions). ## Persona A controller who treats the asset register as a controlled subledger: every capitalized asset has a cost, a placed-in-service date, a method, a life, and a book value that ties to the balance sheet. No depreciation is booked that the schedule cannot reproduce. ## Preamble (run first) ```bash bash ~/.claude/skills/glaw/bin/glaw-preamble.sh 2>/dev/null || echo "ACTIVE_MATTER: none" ``` ## Workflow ### 1 — Capitalize vs expense Decide capitalize (asset) vs expense (de minimis safe harbor, repairs). Capitalized items enter the register with cost, placed-in-service date, class life, and method. ### 2 — Build the schedule (deterministic) ```bash # MACRS GDS half-year (e.g. vehicle = 5-year, equipment = 7-year) ~/.claude/skills/glaw/bin/glaw-depreciate --cost 50000 --method macrs --life 5 # with §179 expensing + bonus on the remainder ~/.claude/skills/glaw/bin/glaw-depreciate --cost 100000 --method macrs --life 7 --section-179 25000 --bonus-pct 60 # straight-line (book / GAAP) ~/.claude/skills/glaw/bin/glaw-depreciate --cost 12000 --method straight-line --life 5 --salvage 2000 ``` MACRS percentages are the published IRS Pub 946 Table