Reasons to choose the SeniorXRP Fixed Assets module
You have full visibility into fixed assets and depreciation. The module helps you manage the depreciation plans for the fixed assets that you own, rent or lease. This component is fully integrated with the other application modules.
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Some of the features of the
Fixed Assets module:
- Management of fixed assets in accordance with the nomenclatures and the catalogue of fixed assets
- Management of the acceptance process of fixed assets
- Tracking the re-evaluation reserves at incorporation
- The management of the scrapping operation and the discharge with records of the re-evaluation reserves
- Prints for the Fixed Asset Sheet and Asset Balance
Management of re-evaluation reserves at depreciation, which become:
- Re-evaluation reserve similar to income if discharged together with the registration of depreciation
- Share of non-deductible expense with depreciation if not discharged together with the registration of depreciation