No more manual calculate for the depreciation amount and manual create journal entry every month.
Journal entry for depreciation now can be auto-generate and no more manual calculation
Features:
Asset Mtn
- group asset by asset type or depreciation method and rate
- 3 common depreciation method available to choose; straight line, reducing balance and non-capitalize
- full depreciation schedule report available to view
- link with purchase invoice, save the time to record asset
Cost allocation posting project/department
- cost allocation can be set by project or department
- posting rate and posting account can be set individually by project or department
- change your mind? You can transfer the asset to another project or department anytime
Reports
- 30+ reports come with plugin
- existing report allowed to edit
- create a new report from scratch
Others
- disposal of asset so easy with just 1 button click and journal entry with the profit/loss amount will be calculate and post
- depreciation rate can be revised
- for asset – vehicle , road tax and insurance info can be maintain inside and with the reminder function to the user
- 1st time user can import data into system by using Excel file
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