Sunday, December 22, 2024

Fixed Asset

Your reliance on the financial group of Double Click programs and fixed assets means upgrading your daily accounting operations to reach an increase in the return on your investments

Fixed Asset Program

Your reliance on the financial group of Double Click programs means upgrading your daily accounting operations to reach an increase in the return on your investments, not only with flexibility of use, but also with a distinctive set of reports that guide you to make rational decisions.

Inventory and analysis of fixed assets

An inventory and analysis of all fixed assets compatible with all known depreciation methods, including adding - depreciating - renewing and replacing - selling and excluding fixed assets.

Adding a number for each asset used in the inventory of assets with the possibility of using a barcode.

Tracking the life of the asset (addition - renewal and replacement - depreciation - exclusion or sale).

Adding assets at the beginning of the period (in case of switching from manual work to working on the program) and determining the value of the previous depreciation until the program completes the depreciation of assets and follow-up.

Recall the inventory of assets at any time and on any date.

Determining the value of the profit / loss resulting from the disposal / sale of a fixed asset.

Linking with the general accounts program, so a daily entry is created automatically when a new asset is added / depreciation of an asset / completion and renewal / exclusion or sale of an asset.

Automated/manual linkage between fixed assets and cost centers.

A distinctive addition of restrictions by the user is used in the analysis of reports according to the exchange / addition / settlement.

Depreciation of assets

Support for all depreciation methods and their identification for each asset separately

Determine the depreciation method used (daily - monthly - quarterly)

Using the straight or reducing installment method for each asset

Determining the depreciation percentage of the asset when adding it (by the user)

The possibility of depreciating expired assets after their depreciation period, with determining the calculation of the increase in fixed asset prices

Exclusion, renewal and replacement of the original

It is the sale of the asset due to the lack of need for it or the need for renewals that exceed its book value, and the exclusion of the asset results in a profit or loss.

It is the addition of part of the components of the original, for example: changing a car motor, which aims to extend the life of the production asset, which leads to an increase in the value of the asset, in addition to calculating depreciation on the added part.

Fixed asset inventory statement:

Fixed asset inventory statement

Fixed asset depreciation statement

Unfinished Fixed Assets Depreciation Report

Depreciation statement for renewals of fixed assets

Assets added during a period

Assets disposed of during the period

Expired fixed asset depreciation report

Total Asset Inventory Report

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