Fixed Assets Module

Fixed Assets Module provides the records of the company fixed assets and their depreciation.

Product functions

• The product allows the definition, for each client, of the price calculation algorithm and of the variables depending upon which the algorithm operates;
• Module configuration - includes the possibility of modifying the fixed assets groups and locations;
• Allows the definition of fixed assets (tangible and intangible) as well as inventory items;
• It allows for the depreciation of fixed assets using one of the four methods (linear, reductive, accelerated and leasing);
• The product offers the possibility of adding "modernizations" and "reevaluations" for the fixed assets;
• The possibility of transferring a fixed asset or an inventory object from one employee to another or from one location to another;
• The possibility of writing a fixed asset or inventory object off the patrimony by one of the methods: annulment, donation, damage, sale;
• Allows the "preservation" of a fixed asset, this meaning the temporary halting of generating "installments" in the accounting system.

Reports

• Fixed asset sheet;
• Inventory object sheet;
• Fixed assets depreciation - a report containing the fixed assets depreciated within a month, specifying the following table columns: fixed asset, pif date, depreciation duration, acquirement value, depreciated value at the beginning of the month, value to be depreciated at the beginning of the month, rest of value at the end of the month, monthly installment, wear (%), depreciated/non-depreciated status, depreciation type;
• Depreciation Test - report identical to the above-mentioned except that the depreciation type is not the one associated to each of the fixed assets but it is selected when the report is generated;
• Fixed Asset inventory number register - it represents all of the fixed assets being managed and it contains the following table columns: inventory number, classification group, fixed asset denomination, location, remarks;
• Inventory objects number register - represents all of the inventory objects in stock;
• Entry of fixed assets - fixed assets entered within a selected period of time;
• Entry of inventory objects - inventory objects entered within a selected period of time;
• Deletion of fixed assets - fixed assets deleted within a selected period of time;
• Deletion of inventory objects - inventory objects deleted within a selected period of time;
• Fixed assets personal sheet - presents the report upon the fixed assets at a certain date, from one or all locations, associated to one or all of the employees, having the following table columns: entry document, inventory number, fixed asset denomination, value, location, wear, (%), depreciated/non-depreciated status;
• Inventory object personal sheet - report similar to the fixed asset personal sheet.

Interactions

• Fixed Asset Module can be purchased on a separate basis, being able to operate in the stand-alone mode. ). However, this is not recommended because in order to use it at its entire capacity it is recommended to install the Accounting module with which it interacts thus facilitating the users' work.

Fixed Assets Module