Many tasks and reporting such as keeping records of fixed assets, calculating their costs and depreciation, tracking and accounting can be done easily through this module. In addition, the processes of recording depreciation, purchasing and insurance detail information, and applying the discounts earned as a result of early payment are carried out. Loading additional investments and expenses for fixed assets, calculating and processing revaluations, calculating and accounting for monthly or daily depreciation, full or partial sales, scrapping, preparing official or managerial reports, physical counting and debiting are also fast and error-free. way is done. Repetitive transactions of thousands of fixed assets owned by even small and medium-sized enterprises at the end of each month and general accounting of the enterprise,
REPORTING
Fixed Asset Management module provides many ready reports to meet official or managerial needs. Reports listing depreciation amounts can be received with ‘realized’, ‘future future’ or ‘all’ options. In this way, the amounts that are written as expenses or that are possible to be written off in the following dates can be analyzed. Reports can be created with rich query parameters and various status settings and detailed analysis can be made; It can be taken in PDF or excel spreadsheet formats when requested.
Some examples of reports that can be obtained with many different options:
- Fixed asset information lists
- Fixed asset development (assets, discounts, expenses, revaluation, depreciation, etc. development history)
- Periodic development report in fixed assets
- Fixed assets depreciation amounts
- Fixed assets revaluation amounts
- Fixed assets custom lists
INTEGRATION
Fixed Asset Management module has a tight integration with General Accounting, Cost Centers Accounting, Human Resources Management, Purchasing Management and Invoice Control modules.
FEATURES OVERVIEW
- Support for multiple accounting standards (multiple “ledgers”) (different depreciation methods for each fixed asset, ability to define periods and accounting integration)
- Creating and accounting for monthly, quarterly or daily depreciation plans
- Support ‘linear’, ‘declining balances’ or ‘unit of production’ depreciation methods
- Automatic detection of candidate fixed asset purchases, discounts and expenses from accounting records, collective processing
- Ability to calculate special or extraordinary depreciation, deferred prostration, trace value, post-life expense management
- Ability to record depreciation expenses in different cost centers or cost objects according to the given rates
- Ability to create full or multiple partial sales, scrapping and related accounting records
- Revaluation support
- Depending on the setup, automatic and collective depreciation method can be changed (starting with the declining method and switching to the linear method when the conditions are suitable)
- Follow-up of expenses incurred before capitalization (investment stage management)
- Ability to define five different depreciation methods and options for each fixed asset
- Recognition as a non-working part expense
- Fixed asset purchase invoice, vendor, insurance, incentive information tracking
- Verification of fixed assets (physical count, location/debit person and updating status)