- Cost Method: In this process, the assessment of Fixed Asset is made by buy cost of the property. It is a truly easy process of assessment of assets.
- Market price process: Valuation of assets can be made on the source of the market rate of such assets. If precise similar nature of assets is not willingly available in the market, it is hard to identify the worth of such assets.
- Replacement Value Method: Valuation of property can be done if precise same asset is to be bought then on the foundation of very same value.
- Net Realizable Value: It explains the rate where such an asset can be presented in the market. Expense continued at the sale of such asset need to be taken away.
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