Fixed assets
The Fixed Assets module manages the full asset life cycle, from purchase and commissioning through to disposal or sale. It automatically computes depreciation per the legal methods and useful lives, keeping both accounting and tax records.
What you can do
Section titled “What you can do”- Asset records — category, location, inventory number, entry value, useful life, depreciation method and attached documents.
- Automatic depreciation — straight-line, accelerated or declining, computed monthly; on validation the accounting entries are generated automatically. Supports recalculation after revaluation or temporary suspension.
- Revaluation — at gross or net value, updating value and depreciation, with history and supporting notes, posted automatically to financial and tax accounting.
- Cost-center allocation — depreciation distributed across cost centers, with entries in both financial and production accounting (class 9).
- Inventory items — separate records, from purchase to disposal.
Typical flow
Section titled “Typical flow”Purchase / commissioning → monthly depreciation calculation → automatic accounting entries (financial + class 9) → revaluations / adjustments → disposal or sale.
Benefits
Section titled “Benefits”- Automatic depreciation per regulations, with dual accounting/tax records.
- Full traceability across the asset’s entire life.
- Cost distribution across cost centers for analysis and reporting.
See the video tutorials or contact us for help.