This add-on module addresses fixed asset purchases and sales, depreciations, accelerated depreciations, the process to roll back depreciations, and more.
The Fixed Assets add-on module allows you to record fixed asset depreciations based on the length of life of these assets.
The module will help you create a depreciation plan, restore capital invested in fixed assets, generate reports and create financial statement appendices.
Significant Features:
- Increased control over fixed assets
- Value fixed assets at their residual value
- Save time in the generation of monthly and accelerated depreciations
- Manage depreciations by store and by brand
- Eliminate fixed assets, including through mass write-offs, when there are related assets (due to obsolescence, sales, loss)
- Relate fixed assets to vehicles used internally
- Add fixed assets by batch
- Categorize fixed assets or differentiate them by areas or sub-areas
- Carry out inflation adjustments for each fixed asset
Some Reports:
- Fixed Asset Appendix by area and sub-area to add to financial statements
- Accelerated depreciations reports
- Fixed asset elimination reports
- Fixed asset information by responsible, pending depreciation, activated
- Export to Excel®, Word®, XML, HTML, PDF, text files, web