Set a category up once, and every asset inherits it

A category carries the accounts, the journal and the method, so creating an asset is a matter of a name, a value and a date.

• ✓  Asset account, depreciation account and expense account.
• ✓  Linear or degressive, with the number of depreciations and their period.
• ✓  Prorata temporis to start on the purchase date rather than the first of the period.
• ✓  Create the asset automatically from a vendor bill line carrying the category.

An asset category: the accounts, the journal and the method.

A board you can read, and correct

Each asset shows one line per period with its date, its amount and the value left. Nothing is hidden in a computation you cannot see.

• ✓  Confirm to put the asset in service; the entries are posted period by period.
• ✓  Modify the duration or the value and the remaining lines are recomputed.
• ✓  Sell or dispose of an asset and the remaining value is written off.
• ✓  Assets bought before you went live start from the value still to depreciate.

An asset with its depreciation board.

The figures the auditor asks for

The Assets Analysis gives the gross value, the depreciation posted and the depreciation still to post, by asset, category and date, in pivot and graph.

• ✓  Gross value, depreciation posted and to post.
• ✓  By category, by asset or by period.
• ✓  Exported to a spreadsheet from the pivot.