AUTOMATIC REVERSAL OF FUTURE FISCAL PERIODS' POSTINGS UPON DISPOSAL
FIXED ASSETS MODULES of IKONOMIKAL CLOUD ACCOUNTING ERP are programs useful in the management of company assets. It concerns the acquisition, depreciation, transfer, disposal and its standard costing for allocation to activities. Depreciation cost can also be allocated to project.
FA is the short name of FIXED ASSET MODULES of IKONOMIKAL
All accounting entries are automatically generated. Print Fixed Asset Register and Fixed Asset Lapsing Schedule anytime.
The depreciation methods are:
1. Straight Line
2. Declining Balance
3. Double Declining Balance
4. Sum of Years Digits
How to go to FIXED ASSET MODULES?
Click Programs
Click Core Modules
Click Fixed Asset
The FIXED ASSET MODULES contain the following programs:
1. General Setup
- Asset Account Set
- Asset Budget
- Asset Groups
- Asset Profile
- Asset Sub Locations
- Asset Types
- FA Settings
2. Transactions
- Acquisition Entry
- Depreciation Entry
- Transfer Entry
- Disposal Entry
- Asset Project Allocation Entry
3. Options and Helpers
- AM Depreciation Batch Run
Note: This is where multiple assets are being depreciated in multiple fiscal periods up to end of corresponding useful lives.
Please click the following to know more about Ikonomikal
1. What is Ikonomikal?
2. What are the Security Features of Ikonomikal?
3. What is Ikonomikal SSL Security Level?
4. Ikonomikal Programming Language and Environment Diagram
5. How Robust is Ikonomikal?
6. Is 3rd Party Interface Possible in Ikonomikal?
7. Company website of Ikonomikal
8. Ikonomikal software site
9. How to Subscribe to Ikonomikal?
10. Ikonomikal Monthly Subscription Price List
Suggested modifications, customizations and developments with general industry use will be done and corresponding upgrades will be deployed accordingly for free.
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