Fixed assets

With automatic updating of all fixed asset values and transactions, you always get up-to-date data when it’s recorded in the general ledger. Acquisition values, depreciation, and write-ups and amortizations are kept up to date, eliminating the need for manual adjustments. At the time of sale, losses and gains are automatically recorded, ensuring proper management of fixed assets and significantly reducing administration, so you can focus on operations with peace of mind.

When selling a fixed asset, Uniconta automatically creates all necessary entries in the general journal, ready for posting. This automation reduces administration and ensures that all sales data is correctly recorded in the financial statements. The system also updates the loss or gain and removes the asset from the asset register, so your statement is always accurate and up-to-date.

With automatic depreciation calculation, depreciation is generated directly from the inventory, eliminating the need for manual updating on each asset. This feature makes the depreciation process more efficient and accurate, allowing you to save time and ensure accurate financial statements.

When values are posted to the general journals, they are immediately updated in the fixed asset book, eliminating the need for duplicate entries and creating a streamlined workflow. It provides a clear overview of both assets and general ledger entries, ideal for companies with an extensive fixed asset portfolio. Data is automatically synchronized across the system, so the information is always accurate and up-to-date.

With direct registration of fixed assets and transactions in the posting journal, the fixed asset module is automatically updated when the purchase is posted. This eliminates the need for manual Excel sheets, making fixed asset management simpler and more reliable.

Enter insurance information on specific fixed assets and get a comprehensive overview of the insured value. The function provides a simple view of the sum insured at the bottom of the asset overview, so that the company’s insurance coverage is always visible.

Create system-generated statements for any desired period and gain insight into the values of fixed assets from the beginning to the end. View receipts and departures, depreciation basis and book values, which provides a solid overview of the development and value of the assets in the financial statements.