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 Assets & Depreciation
Registering assets can be a time-consuming process. Sometimes new assets are acquired which are not yet registered in your administration. If you discover this upon making an entry in your purchase journal, you have to stop what you're doing and switch to your assets module to create the new asset, and then switch back to your purchase journal. Not anymore! With Macola ES, registering and managing your assets is easy. A new asset can be registered directly while making an entry in your purchase journal. All assets movements are linked to financial transactions to ensure completeness of the financial transactions. After creation of the assets, the monthly depreciation entries are calculated and created automatically. Macola ES now supports unlimited depreciation methods and comes with features such as revaluation, disposal and modification of assets. Each asset has an asset card listing historical transactions for easy traceability.
Important advantages of Assets & Depreciation are:
- Asset administration always up to date
- Accurate and easy budgeting
- Consistency between assets and financial administration
- Increased cost transparency at resource level
Asset administration always up to date
The registration of assets is fully integrated with the entry of purchase invoices in the financial administration. This ensures that as soon as the asset is received, it is also registered. This can be done directly from the booking entry screen, which is fast and easy to use. You will never look for an asset in vain in your administration anymore, as your asset register is always up-to-date.
Accurate and easy budgeting
Immediately upon entering the asset, the assets module creates the budgeted amounts for future depreciation. Correct budgetting for all your assets is now available easily in just one mouse click. Thanks to the integration with the E-Human Resources, you can not only budget by asset, but also by resource. Budget monitoring can be very simple with the reports available in this integrated asset system.
Consistency between assets and financial administration
Macola ES generates reports in MS Excel about depreciation and disposal of assets. In one clear overview you can see the depreciated and disposed assets, total depreciation costs, cumulative depreciation and more - clear and paperless!
Increased cost transparency on resource level
By filling in the appropriate columns the asset is automatically linked to an employee, cost center or project. It is possible to link a laptop, car or other asset to an employee. If you look in the employee's file, all the assets linked to him/her will be visible. With Fixed Assets you are always in control of your assets. This cost transparency on the resource level makes it possible to calculate your margins on resource level. Complete control of your assets thanks to Macola ES.
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1-800-468-0834 Ext:2650
