What is a Plant Ledger?

A plant ledger is a subsidiary ledger in which fixed asset transactions are recorded. This ledger includes detailed information about each fixed asset, including the acquisition date, asset description, asset location, depreciation, disposition proceeds, purchase cost, and any subsequent capitalized additions to the asset.

The ending book balances for all fixed assets listed in the plant ledger, when aggregated, should match the summary-level balance appearing in the general ledger. A person investigating fixed asset information would drill down from the summary amount in the general ledger to the detailed information in the plant ledger.